Posts Tagged ‘committee’
AIG bailout probe widens to include Paulson
A House committee is broadening its probe of secretive bank bailouts to include former Treasury Secretary Henry Paulson and former Federal Reserve Bank of New York Chairman Stephen Friedman.
Federal Reserve Bank of New York – United States Secretary of the Treasury – Henry Paulson – Federal Reserve System – Government
Dodd may scrap consumer protection agency
The head of the Senate Banking Committee may scrap the idea of creating a consumer financial protection agency, a paper said Friday citing people familiar with the matter.
United States Senate Committee on Banking Housing and Urban Affairs – Consumer protection – United States – Senate Banking Committee – Home
Ben Bernanke’s Choice
There is a modest recovery underway in the American economy. The Federal Reserve can no longer avoid the looming choice on interest rates and the money supply. Since the sub-prime crisis began Chairman Bernanke has been the consistent champion of monetary easing. Under his leadership, the Federal Open Market Committee…
Fed to Reiterate Low Interest Rates Warranted for an ‘Extended Period’
The Federal Reserve’s open market committee (FOMC) is expected to follow the recent decisions by the ECB, BoJ and BoE and keep interest rates pegged at a record low of 0-0.25% on Wednesday. However, in the accompanying press statement, financial markets will also be looking for confirmation that the FOMC…
Pre-Budget Report to Dominate a Particularly Busy Week for UK Data
This week sees a particularly busy calendar in the UK, featuring the Chancellor’s Pre-Budget Report (PBR) and the latest Monetary Policy Committee (MPC) meeting. We look for Bank Rate to remain on hold at 0.5% while the MPC continues with its £200bn programme of asset purchases. The PBR, meanwhile, will…
US Economic Indicators Preview
The FOMC minutes of 4 November are likely to confirm that the majority of committee members still consider it warranted to maintain the fed funds rate at exceptionally low levels for an extended period, given low resource utilisation rates, subdued inflation and stable inflation expectations. There will have been some…



