All Entries Tagged With: "Federal Reserve"
Positive Beige Book uplifts mood, markets
Economic conditions have seen modest further improvement in recent weeks, according to the Federal Reserve’s Beige Book report released Wednesday afternoon, although the central bank noted that economic activity remains at a low level.
US to raise rate, drain reserves
Federal Reserve Chairman Ben Bernanke said Sunday the U.S. central bank has a robust strategy to exit from the extraordinary stimulus it made to counter the worst recession in decades.