The Two-Way Federal Reserve Confirms It Plans To 'Twist' In Bid To Bring Down Rates September 21, 2011 • By selling some bonds and buying others, the central bank hopes to put downward pressure on long-term interest rates. The hoped-for result: a boost to the economy.
It's All Politics Easier To Win Nobel Prize Than Senate Confirmation To Federal Reserve June 6, 2011 • Peter Diamond argues he's not the real loser after Senate Republicans blocked his nomination to the Federal Reserve. It's sound monetary policy based on rigorous thinking, not ideology.
It's All Politics Fed Up! Bernanke (Gently) Takes On Critics November 19, 2010 • Bernanke said the Fed's $600 billion Treasury bond buywas just another way to do what the Fed does when it lowers key interest rates. The alternative, he said, was to risk more unemployment and economic woes in the U.S. and eventually the world.
The Two-Way Federal Reserve To Keep Pumping Cash Into Economy August 10, 2010 • The Federal Reserve said it would keep pumping money into the economy by buying Treasury securities.
The Two-Way Fed Sees Weak Economy All Over, Leaves Key Rate Alone June 23, 2010 • The Federal Reserve left a key rate unchanged, noting that there were signs of weakness throughout the economy.