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#US Federal Reserve

# us-federal-reserve - Sunday 8 November, 2020

The Fed, the Senate and stimulus: How might the election shape American responses to the economic crisis?

The results of this week’s election may further complicate the American response to the economic crisis.

# us-federal-reserve - Wednesday 9 October, 2013

Obama names Janet Yellen as new chairman of US Federal Reserve

If confirmed by the Senate, Yellen would be the first woman to head a major central bank anywhere in the world.

# us-federal-reserve - Thursday 18 October, 2012

Family defend Bangladeshi man arrested for NY bomb plot

The suspect’s father said he spent all of his savings to send him to America to study so he would have a better chance at life.

# us-federal-reserve - Thursday 13 September, 2012

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.

# us-federal-reserve - Monday 22 August, 2011

The Daily Fix: Monday

The battle for Tripoli rages on, the bishop of Cloyne breaks his silence, Ireland’s latest viral sensation and… can we turn light bulbs into wifi routers?

US Fed gave Irish banks €8bn in emergency loans

Data compiled by Bloomberg shows that Ireland’s banks got emergency loans from the US while being capitalised back home.

# us-federal-reserve - Wednesday 10 August, 2011

Early morning gains pared in European markets

Global markets seem to have calmed somewhat this morning as investors take US Fed statement on board.

# us-federal-reserve - Wednesday 13 July, 2011

Bernanke: Fed would supply more stimulus if needed

Ben Bernanke’s reassurances helped drive stock prices higher, but it also underscored the fragile state of the economy more than two years after economists said the recession had ended.

# us-federal-reserve - Wednesday 15 June, 2011

US Fed Reserve chief calls on Congress to raise debt ceiling

Ben Bernanke warned that America’s huge federal budget deficit would have to be reduced, but didn’t indicate whether he supported taxation or spending cuts.

# us-federal-reserve - Thursday 2 December, 2010

ECB expected to announce new debt-crisis measures

Speculation is growing that the European Central Bank may increase its bond-buying programme in an attempt to fortify the eurozone.

# us-federal-reserve - Thursday 4 November, 2010

QE2: Fed announces $600bn second round of quantitative easing

The American central bank announces it will buy back $600bn of outstanding US bonds to lift the cash supply.

# us-federal-reserve - Tuesday 10 August, 2010

THE US GOVERNMENT insists on minting more $1 coins, despite the public’s disinterest in using them, the BBC reports.

The coins, which were introduced in 2007 to commemorate dead US presidents, have failed to take off among spenders are instead stacking up in the Federal Reserve. The US Mint has planned to release four new coins a year until 2015, and two coins in 2016.

Consumers apparently prefer to use the $1 note, which is the most common denomination of US currency.

Coins can outlast notes by decades, and switching to the $1 coin could save the US up to $700m a year in note production costs. The US has no plan in place to officially discontinue either the $1 note or coin.