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federal reserve

August 30, 2010
Chartpoppers.com
U.S. copper on Friday rose to its highest close since Aug. 4, supported by a rally on Wall Street after a speech by the Federal Reserve chief boosted optimism among investors. Benchmark copper CMCU3 on the London Metal Exchange hit $7,472.25 a tonne, its highest   since Aug. 19. The metal used in power and construction ended at $7,459 a tonne from $7,304.50 on Thursday. In New York, copper for September delivery HGU0 rose 5.85 cents, or 1....
August 27, 2010
Chartpoppers.com
Federal Reserve Chairman Ben S. Bernanke said the U.S. central bank “will do all that it can” to ensure a continuation of the economic recovery and that more securities purchases may be warranted if growth slows.   The Federal Open Market Committee “is prepared to provide additional monetary accommodation through unconventional measures if it proves necessary, especially if the outlook were to deteriorate...
June 21, 2010
ChartPoppers
Wall Street’s lowest-rated stocks have turned into this year’s best performers, a sign that analysts who underestimated the U.S. economy will boost their recommendations and trigger even bigger gains in equities. Huntington Bancshares Inc., the regional lender in Columbus, Ohio, had twice as many “sell” ratings as “buys” in December and jumped 66 percent this year for the fourth-largest advance in the...
June 16, 2010
ChartPoppers
Credit-rating agencies like Moody’s and Standard & Poor’s dodged a bullet on Tuesday as lawmakers decided to strip out a provision in the Wall Street reform bill that would have upended their business model. Negotiators from the House of Representatives and Senate tasked with hammering out a final version of the sweeping reforms agreed to remove a measure that would have set up a new clearinghouse to eliminate perceived...
June 11, 2010
ChartPoppers
Federal Reserve Chairman Ben S. Bernanke said the U.S. recovery probably won’t quickly bring down the unemployment rate, which is likely to stay “high for a while.” Given the depth of the recession, the recovery is “moderate paced,” Bernanke said last night in a question-and- answer session with Sam Donaldson, the ABC News journalist, in Washington. In Europe, policy makers “are committed to avoiding default...

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