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Stocks Surge After Fed Announces New Stimulus

U.S. stocks surged Thursday after the Federal Reserve unveiled a long-awaited package of aggressive steps to spur economic growth.

WWJ Newsradio 950–09/13/2012

Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington. (AP Photo)

Fed To Investors: Interest Rates To Stay Low

The Federal Reserve says it will likely keep interest rates at record lows for the next two years after acknowledging that the economy is weaker than it had thought, with increasing risks.

WWJ Newsradio 950–08/09/2011

Stocks Surge A Day After Fed Reveals Stimulus Plan

Stocks rose sharply Thursday, one day after the Federal Reserve announced a $600 billion plan to stimulate the economy.  The Dow Jones industrial average rose 199.51, or 1.7 percent, to 11,414.82 in afternoon trading, a […]

11/04/2010

Fed To Buy $600B In Bonds To Aid Economy

The Federal Reserve announced a bold plan Wednesday to try to invigorate the economy by buying $600 billion more in Treasury bonds. The Fed said it would buy about $75 billion a month in long-term […]

11/03/2010

Fed Boss: Regulators Looking Into Foreclosure Mess

Federal banking regulators are examining whether mortgage companies cut corners on their own procedures when they moved to foreclose on people’s homes, Federal Reserve Chairman Ben Bernanke said Monday.

10/25/2010

Dollar Tumbles Broadly As Fed Moves Expected

The euro moved above $1.39 Wednesday for the first time since February, while the yen struck a 15-year high. The dollar is sliding broadly because investors expect that the Federal Reserve will increase its support […]

10/06/2010

Fed Signals It Will Take Further Steps If Needed

The Federal Reserve offered a dim view of the economy Tuesday and signaled it’s prepared to provide new relief if necessary.

09/21/2010

Americans' Wealth Fell In Spring As Stocks Tanked

Americans’ long journey to regain the wealth they lost in the recession is stalled.

09/17/2010

Bernanke: Fed Eyeing Major Investment In Economy

Federal Reserve Chairman Ben Bernanke said Friday that the Fed will consider making another large-scale purchase of securities if the slowing economy were to deteriorate significantly and signs of deflation were to flare.

08/27/2010

Fed Takes Small Steps To Boost Economy

More worried about the recovery, the Federal Reserve took a small step Tuesday to bolster the economy.

08/10/2010

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