Ed Note: Powerful Case that he did!
The Federal Reserve thinks recent economic news from the U.S. is good:
Jobs are being created
Consumers are spending money
Trade & manufacturing growth is strong
As a general rule, the most successful man in life is the man who has the best information
Read more: http://tinyurl.com/mrbjhvl
The beautiful thing about Bitcoin, digital currency enthusiasts will tell you, is that it doesn’t have a central bank.
Read more: http://tinyurl.com/mrm4kw5
The economy continued to grow at a modest to moderate pace in June and early July, with manufacturing expanding in most areas of the country, the Federal Reserve said on Wednesday.
Read more: http://tinyurl.com/lwxc573
President Obama hinted this week that Fed Chairman Ben Bernanke may be planning to step down when his second term ends in January. Obama said today “already stayed a lot longer than he wanted.”
Read more: http://tinyurl.com/lm5k2vr
(Reuters) – Federal Reserve Chairman Ben Bernanke is an optimist about economic growth in the coming decades, rejecting “depressing” views about a slowdown to put his faith in collaborative innovation driven by a jackpot culture for inventors.
Read more: http://tinyurl.com/lkmqo4b
The Dow rose another 48 points wednesday. Gold was up $24 per ounce wednesday,
Nothing remarkable. Nothing illuminating, either.
The newspapers and TV channels all reported the Dow 15,000 story as though it were just a stepping-stone on the way to 16,000… or 20,000… or 30,000.
Read more: http://tinyurl.com/c23aqnj
Amid signs of a weakening economy, the Federal Reserve agreed Wednesday to continue an aggressive initiative to hold down interest rates and stimulate growth by buying government bonds.
Read more: http://tinyurl.com/d89k8w5
Janet Yellen’s chances to move up from No. 2 to No. 1 at the Federal Reserve are looking pretty good to the economists that participated in the latest Wall Street Journal survey.
The survey yielded a 46% probability that the president would nominate Ms. Yellen to replace Ben Bernanke as chairman when his term is up at the end of the year, based on the average of estimates provided by the participating economists.
Read more: http://tinyurl.com/cewv5rm
The U.S. Federal Reserve’s low interest-rate policies are giving key support to an economy still burdened by high unemployment, Chairman Ben Bernanke told Congress on Tuesday.
Bernanke signaled that the Fed’s efforts to keep borrowing costs low will continue.
Read more: http://tinyurl.com/b4hnatt
Fed Ups its Money Printing for 2013, Good for oil, gold and silver prices….
The Federal Reserve chairman Ben Bernanke yesterday moved his money printing into a higher gear with an additional $45 billion in asset purchases a month on top of the existing $40 billion program and set a target of 6.5 per cent unemployment before he would start to reverse this monetary stimulus.
Read more: http://tinyurl.com/csu46ol