All Posts Tagged With: "federal reserve bank"

Study of Great Depression Shows Intervention Postpones Foreclosures, But Causes Mortgage Rates to Spike

It was January 1934. The Great Depression was five years old – but still had another five years to run.

The carnage was horrific: From 1929…

6Nov2008 | Money Morning | Comments Off | Continued

Top Federal Reserve Officials Predict Weak Second Half; Warn Growth May Not Return Until 2010

Two top U.S. Federal Reserve officials on Friday predicted a weak second half for the U.S. economy, warning that strong U.S. growth may not return…

18Aug2008 | Money Morning | Comments Off | Continued
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