Thursday 18th April
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The Fed Releases: The Beige Book, December 1, 2010, Summary of Economic Conditions. And I don’t know what we’d do without them.
Written on 2 Dec, 2010 at 6:33
The Beige Book, as it’s commonly known, is a report published eight times each year. Each of the 12 Federal Reserve Banks, which are located throughout the country, “gathers anecdotal information on current economic conditions in its District through reports... (Continue reading)
Federal Reserve Bank President Says We’re In For a Long Hard Road Ahead
Written on 19 May, 2010 at 22:04
What happened? As the decline in housing prices began to accelerate across the country, this exposed underlying cracks in the financial system. Foreclosures began to rise, loan losses mounted, and housing prices dropped even more, creating a downward spiral not... (Continue reading)
