Ben Bernanke may have cleared the hurdles to his confirmation for a second term as Federal Reserve chairman, but that does not mean lawmakers will be any friendlier to him at high-profile hearings on Wednesday and Thursday.
The Fed chief’s semiannual report to Congress should feature both impassioned debate over financial regulation and lots of questions [...]
Posts Tagged ‘financial services’
Bernanke to outline exit path to skeptical Congress
February 24th, 2010 by Mortgage Writer
Tags: ben bernanke, central bank's, federal reserve, financial services, great depression, macroeconomic
more...Retail sales gains in January could boost growth
February 13th, 2010 by Mortgage Writer
A modestly better-than-expected report on retail sales for January could suggest stronger economic growth in coming months. But this week’s severe snowstorms will likely depress activity in February.
The 0.5 percent gain the Commerce Department reported Friday exceeded the 0.3 percent rise economists had expected. Strength came from a surge at general merchandise stores. These include [...]
Tags: commerce department, economic growth, financial services, retail sales, Unemployment Rate
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