Federal Reserve President Fisher Speaks on Rescue Plan
Federal Reserve President Fisher Speaks on Rescue Plan
On Thursday evening, Dallas Federal Reserve President Richard Fisher urged that an agreement needs to be reached in Washington on the financial rescue plan. He also expressed doubts on lowering the Federal funds rate would alleviate the pressure seen in the capital markets. Fisher has been very adamant […]
US Dollar, Euro: Who Needs Intervention When You Have ECB President Trichet?
US Dollar, Euro: Who Needs Intervention When You Have ECB President Trichet?British Pound Suffers At Hand of Dollar Rally - Critical Support Near 1.90Gold, Oil Price Declines Weigh On Commodity Bloc, Loonie Hit By Labor Market Data
US Dollar, Euro: Who Needs Intervention When You Have ECB President Trichet?
If you didn’t believe the US dollar could […]
Housing Aid Bill Faces Veto by President Bush
Housing Aid Bill Faces Veto by President Bush
WASHINGTON — Democrats’ plans to help hundreds of thousands of homeowners struggling with rising subprime mortgage rates and plummeting house values could be sidetracked by President Bush’s threatened veto and the […]