Home Today's Headlines ATW Forums Q&A Mortgage Rates Top Stories Profits Booked Ahead of Bernanke. How Fed Rhetoric Can Affect Mortgage Rates If Ben's tight rope walk is balanced and the short-end of the yield curve rallies as a result, it sure would make it a heck of a lot easier for the... - MBS...
Fed chief Bernanke says the economy is in the early stages of recovery, with CNBC's Hampton Pearson.
Federal Reserve chairman Ben Bernanke said that economic activity has downshifted further and the policy response must be vigorous. He said cutting the Fed funds target rate below 1% is "certainly feasible", but broader action could be more efficient. "At this point, the scope for using...
It is widely expected that the Federal Reserve will cut the Fed funds rate by 50 basis points to 1.00% on Wednesday, the lowest level since June 2004. Fed watchers expect the vote to be unanimous and the accompanying statement to echo the "wait-and-see" approach seen in previous months. The...
Comments from Fed Chairman Ben Bernake will be the highlight of the day's economic news, which includes speeches from European Central Bank President Jean-Claude Trichet and Minneapolis Fed President Gary Stern (voter). In the afternoon, the Fed will also release minuets from its monetary policy...
In a statement released after the passage of the $700 billion bailout legislation, Federal Reserve Chairman Ben Bernanke applauded the actions taken by Congress. "The legislation is a critical step toward stabilizing our financial markets and ensuring an uninterrupted flow of credit to households...
Federal Reserve Chairman Ben Bernanke will be speaking at the Senate Banking, Housing and Urban Affairs Committee on Tuesday, his first public speech on the economy in nearly a month. Rudy Narvas, a Fed watcher and macroeconomist at 4Cast, said he expects Bernanke to make comments similar to those heard...
In an unprecedented series of actions from the U.S. Treasury Department, the U.S. Federal Reserve and the U.S. Securities and Exchange Commission over the last 24 hours, the administration has announced plans to purchase illiquid assets from financial institutions. It also promised to buy up Fannie Mae...
In contrast to the last two meetings, expectations from economists, analysts, and futures markets are deeply divided over whether the Federal Open Market Committee (FOMC) will hold the target interest rate at 2.00% upon concluding the monetary policy meeting on Tuesday. While some say the Fed will be...
The Federal Reserve announced several initiatives on Sunday, including " enhancements to its existing liquidity facilities ." In the Federal Reserve's press statement, Chairman Ben Bernanke said the steps will "mitigate the potential risks and disruptions to markets." The collateral...