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Fed Chairman Jerome Powell Celebrates 5 Year Anniversary: 5 Things You Might Not Know About Him
Sunday, February 5, 2023 - 6:34pm | 695Read More...Jerome Powell marked his five-year anniversary as the chairman of the Federal Reserve on Sunday. During his tenure, which began on Feb. 5, 2018, the S&P 500 has gained 56%, the Nasdaq Composite has risen 72%, and the Dow Industrial Average is up 39%. Powell is the Fed's 16th chairman...
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Dollar Revived After Taper Confirmation and GDP
Thursday, January 30, 2014 - 2:26pm | 407Read More...On Wednesday, following Ben Bernanke's final meeting as chairman, the Federal Reserve announced that it will taper its bond-buying program to $65 billion in February, down from $75 billion in January. Addressing the decision to taper and the disappointing December employment report, the Fed...
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Housing Market Recovering, New Home Sales Up 2.3 Percent in April
Thursday, May 23, 2013 - 3:53pm | 318Read More...The U.S housing market continues to swing towards a recovery as positive data on new home sales were released earlier today. According to Reuters, the sale of new single family homes rose 2.3 percent in April. The Commerce Department noted in the article that sales have increased to a...
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Ben Bernanke: Destroyer Of Credit?
Wednesday, September 7, 2011 - 2:50pm | 686Read More...Maybe the nickname “Helicopter Ben” would be better if Ben Bernanke was actually an athlete. But as the Chairman of our country's Federal Reserve: not so much of a good nickname. As feared by at least one person of importance (Pacific Investment Management Company founder and co-chief investment...
