Fed plans bond buying

| Print |  Email
Must Reads
Friday, September 14, 2012

The Federal Reserve launched a new effort to boost the stock market and make borrowing cheaper.

Stock prices rocketed up in approval. But economists said the Fed's plans to buy mortgage bonds for as long as it deems necessary and to keep interest rates at record lows until mid-2015 — six months longer than previously planned — might provide little benefit to the economy.

Chairman Ben Bernanke himself cautioned that the Fed's actions are no panacea for slow growth and high unemployment, and said the economy will probably need help even after the recovery strengthens.

"The idea is to quicken the recovery," Bernanke said at a news conference after the Fed lowered its outlook for growth this year.

Read more at The Mail Tribune.

{biztweet}fed bond{/biztweet}

 

More Articles

Downtime with the president of NAI Norris, Beggs & Simpson

March 2015
Monday, February 23, 2015
BY JESSICA RIDGWAY | OB CONTRIBUTOR

Live, Work, Play: Catching up with Chris Johnson.


Read more...

Carbon Power

February 2015
Tuesday, January 27, 2015
BY LINDA BAKER

Researchers in a multitude of disciplines are searching for ways to soak up excess carbon dioxide, the compound that contributes to global warming.


Read more...

A legislative preview — and celebration

Linda Baker
Friday, January 23, 2015
012315-speaker-thumbBY LINDA BAKER | OB EDITOR

The Northwest Environmental Business Council previews the 2015 legislative agenda as Hatch Oregon celebrates Oregon's new community crowdfunding rules.


Read more...

10 Twitter highlights from #OR100Best

The Latest
Friday, February 27, 2015
100bestBY OB STAFF

Oregon Business held its  22nd annual 100 Best Companies to Work For in Oregon celebration Thursday night in the Oregon Convention Center.


Read more...

Downtown flower shop readies for the Valentine's Day rush

The Latest
Monday, February 09, 2015
021015-giffords-thumbBY MEGHAN NOLT

VIDEO: Gifford's Flowers brings family approach to PSU-area shop.


Read more...

7 industry trends of 2015

The Latest
Friday, January 09, 2015
covertrends15-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Industry groups identify top trends for 2015.


Read more...

Chronicling Gov. Kitzhaber's march to resignation

The Latest
Wednesday, February 11, 2015
021115-kitzhaber-jekaplan14-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Recapping a wild week featuring plenty of will he or won't he resign drama.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS