fomc

At the Fed, Heated Debate About Housing Support

Members of the Federal Open Market Committee are divided on whether or not the Fed should keep supporting the housing market by buying mortgage-backed securities after March 2010. And if the Fed pulls back, the consequences for the housing market could be severe.

Fed Minutes Reveal Stimulus Disagreement

Federal Reserve officials who gathered last month agreed the economy appears solidly on its way to recovery and gaining momentum, minutes from the meeting reveal. But records show some members disagreed over the need for continuing and future stimulus.

Status Quo Ahead for the Fed

With the unemployment rate at 10 percent and analysts predicting it will barely drop to 9.9 percent by the third quarter of 2010, Ben Bernanke would be committing political suicide if he raised rates now.

Should the Fed do nothing?

When I was growing up, my parents had a poster in our house with the words "Not to decide is to decide" in bold black letters. Though the quote from...