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This morning, President Obama officially announced that he is reappointing Ben Bernanke for a second four-year term as chairman of the Federal Reserve. The video below contents The President’s statement. Does anyone have any thoughts on the reappointment? Would you have reappointed Bernanke? If not, who would you have chosen?
Today the Federal Reserve announced that it would be leaving interest rates unchanged from their current 0%-0.25% levels. The Fed also stated that the economy appears to be leveling off, but is still suffering from job losses and tighter credit. From the looks of the statement it appears that The Fed is planning on [...] As an investor, its important to follow the actions of The Federal Reserve. Like it or not, The Fed’s policies have an enormous effect on the rates people and businesses pay to borrow money. Since credit is the life-blood of the entire economy, this directly affects the performance of most of your investments. Understanding The [...] |
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