Federal Reserve Chairman Ben Bernanke outlined the likely path the Fed would take to tighten credit once the economy has recovered enough. In another step toward unwinding its crisis-lending programs, he said Wednesday the Fed could soon begin raising its discount rate, charging more for emergency loans it makes directly to banks.
In testimony prepared for [...]
Posts Tagged ‘monetary policy’
Bernanke Outlines Exit Strategy
February 11th, 2010 
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Posted in Business News 
Tags: banks, central bank, economy, federal-funds rate, funds, monetary policy, Strategy 
No Comments »Balancing act: check prices, back growth
February 6th, 2010 admin CRR hike to support recovery process, says RBI.
The third quarter review of monetary policy was about ensuring price stability. And, it was articulated clearly, as the Reserve Bank of India (RBI) said it was worried over rise in food prices affecting other commodities and services.
While RBI’s policy action, an increase of 75 basis points in [...]
