Chairman Bernanke at Press Conference of the Federal Open Market Committee, on November 2, 2011.
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“Politics is politics, and the Federal Reserve tries to stay nonpartisan and out of those debates.
Davenport and Kirby’s book “Only Humans Need Apply” Harper.2016 comes with a whiff of optimism and plenty of specific practical advice- based on real life cases- for professionals – scientists, radiologists, teachers, actuaries, financial analysts, lawyers and all “knowledge workers” who fear loss of jobs. 900 more words
Ben Bernanke has had his finger on the pulse of macroeconomic convulsions, and many have called him the man who “doctored” the financial crisis of 2008, and brought the American economy back into good graces. 1,691 more words
Stop me if you’ve heard this one before…Around 2 PM Eastern Time, you get “breaking news” that the Fed will not be raising rates. Stock gyrate wildly for a few minutes, followed by a rally-inducing statement from the Federal Reserve governor, which goes something like this- ‘While the economy has strengthened, we need just a LITTLE BIT more time to confirm the trend, as pockets of weakness still exist. 222 more words