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  • Stocks up on Bernanke remarks; focus now on Obama

    By MADLEN READ and TIM PARADIS, AP Business Writers Tue Feb 24, 6:37 pm ET NEW YORK – Federal Reserve Chairman Ben Bernanke gave Wall Street a double dose of reassurance. Now it's President Barack Obama's turn. Bernanke told Congress on Tuesday the recession might end this year, and that regulators aren't planning to ...
    Posted to Washington-Oregon MLS Post (Weblog) by 548777 on March 3, 2009
  • Fed cuts short-term rates to the bone

    Next up: More purchases of mortgage debtBy Inman News, Tuesday, December 16, 2008. Inman NewsThe Federal Reserve slashed short-term interest rates today to nearly zero, bringing to an end a 15-month campaign of rate reductions intended to encourage borrowing and stimulate economic growth. With further cuts no longer possible, members of the ...
    Posted to Washington-Oregon MLS Post (Weblog) by 548777 on December 17, 2008