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Dublin: 9 °C Saturday 18 May, 2013

The Fed

# the-fed - Thursday 13 September, 2012

From Business ETC The Fed

US Federal Reserve announces plan to buy more debt to boost economy

Analysts were not surprised by the move which essentially amounts to so-called quantitative easing.

# the-fed - Tuesday 10 January, 2012

From Business ETC Federal Reserve

Federal Reserve hands over $76.9 billion profit to US government

The United States’ central bank made a near-record profit last year, thanks to its growing stash of US government bonds.

# the-fed - Thursday 22 September, 2011

From Business ETC US Economy

US markets slide despite Fed’s $400bn bond investment

The US Federal Reserve announces the purchase of $400bn in 6-year and 30-year bonds, hoping to drive down interest rates.