the fed - Page 3 of 3

Bernanke Offers Fed’s AIG Records to Gov’t Watchdogs

Staff / Truthdig Jan 20, 2010 The Fed has nothing to hide about its dealings with AIG when it saved the too-big-to-fail insurance behemoth during the great bailout of 2008-9 -- or at least Federal Reserve Chairman Ben Bernanke has signaled his full willingness to make the central bank's relevant "records and personnel" available to investigators from the Government Accountability Office. Dig deeper ( 1 Min. Read )

‘Colbert Report’: Fed’s Dead

Staff / Truthdig Dec 10, 2009 Do Americans really need to know how sausage gets made over at the Federal Reserve? As Stephen Colbert points out, there may be a little pig rectum in the mix, but as long as the Fed's minions are allowed to perform their secret rituals, which may or may not involve ritual chicken slaughter, we all profit in the end, no? Dig deeper ( 1 Min. Read )

U.S. Economy Showing Signs of Life

Staff / Truthdig Sep 9, 2009 A report released by the Federal Reserve on Wednesday gave some indications that, for half of the districts tracked by the Fed and for certain markets, the American economy is slowly starting to revive from its near-death experience last fall. Dig deeper ( 1 Min. Read )

Inflation at 17-Year High

Staff / Truthdig Aug 15, 2008 Stagflation: It's always sounded like a dirty word, and is hopelessly tied to retro jokes about the '70s. But with GDP growth already, well, stagnant, the Labor Department announced Thursday that July saw the highest rate of inflation in 17 years, meaning you can now appropriately drop the word into water cooler convo without seeming like a potty-mouth or a retro hipster. On the downside, you are now paying 5.6 percent more for things than you did at this time last year. Dig deeper ( 1 Min. Read )

Greenspan: Dark Days Ahead for the Global Economy

Staff / Truthdig Mar 17, 2008 Those hoping for better news about the state of the U.S. economy -- not to mention the bigger picture -- aren't going to hear it from former Fed chair Alan Greenspan anytime soon, judging by his ominous forecast released Monday. Dig deeper ( 1 Min. Read )