Contrary to what the right wing wants you to believe, the economy has rebounded under President Obama. The Federal Reserve’s latest press release proves that point — “growth in economic activity has rebounded in recent months.” The Fed cut its economic forecast for 2014, retreating from its stimulus activities. This […]
Post Tagged with: "Federal Reserve System"
Wall Street Journal: The U.S. economy added 227,000 jobs in February, with the unemployment rate steady at 8.3% . Reuters: “Employment grew solidly for a third straight month in February, a sign the economic recovery was broadening and in less need of further monetary stimulus from the Federal Reserve.”
U.S. Federal Reserve joins central banks worldwide take emergency action to keep European banks afloat, but isn’t this a repeat of the 2008 debacle? Did the U.S. Federal Reserve just throw European banks a lifeline at the expense of working class Americans? This is a throwback to 2008 when we […]