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U.S. stocks rise ahead of Fed meeting

September 12, 2012 in The Daily Republic

NEW YORK Investors spent Tuesday preparing for two events sure to move markets this week: a Federal Reserve meeting and a court decision on whether Germany can help support its struggling neighbors. Continue Reading

Bernanke: Recession likely if Congress doesn’t act

July 18, 2012 in The Daily Republic

WASHINGTON Federal Reserve Chairman Ben Bernanke painted a dark picture of where the U.S. economy is headed if Congress fails to reach agreement soon to avert a budget crisis.
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The Fed’s Operation Twist doesn’t give consumers much to shout about.

September 22, 2011 in The Daily Republic

The Federal Reserve’s latest effort to boost the economy by driving down long-term interest rates won’t have a big impact on home and car buyers, savers or credit card users.
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Stocks soar after Fed pledges low rates into ’13

August 9, 2011 in The Daily Republic

WASHINGTON (AP) The Federal Reserve guaranteed super-low interest rates for two more years Tuesday an unprecedented step to arrest the alarming decline of the stock market and the economy. Wall Street roared its approval and finished a wild day with a 429-point gain.
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Fed may react to market plunge and stalled economy

August 9, 2011 in The Daily Republic

WASHINGTON (AP) A plunging stock market and a stalled U.S. economy may force the Federal Reserve to use the dwindling number of tools it has left in an effort to boost growth and keep the country from sliding back into recession.
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