Word: ben
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...According to Japanese analysts, U.S. Federal Reserve Chairman Ben Bernanke may decide that it's best to lower rates again, to below 1%, in the coming months as the economy weakens. Even though ultra-low rates may have little immediate economic impact, they help to stabilize the financial sector as well as stock markets. Equities become more attractive when interest earned by stashing cash in the bank is lower than the inflation rate. "While the BOJ's zero-rate policy did not work as expected in terms of reviving the economy, it contributed to preventing the financial system from collapsing...
...what news was there in today's announcement? Well, nobody dissented, for one thing. The five interest-rate cuts in the first half of this year all came in the face of no votes, as a hawkish minority on the Federal Open Market Committee (FOMC) worried that Fed Chairman Ben Bernanke risked setting off an inflationary spiral. Now everyone at the Fed seems to have come around to Bernanke's Great Depression-influenced view that it's a deflationary spiral that we really need to be worried about...
...Crimson’s 11. Anderson dropped back and hit receiver Trey Peacock with a perfect pass as Peacock streaked uncovered in the end zone, but Peacock dropped the ball and the Tigers were forced to settle for a 28-yard field goal from Ben Bologna to make the score 20-17 in Princeton’s favor.The Crimson responded immediately, reaching its own 46 before facing 4th-and-1. After a timeout, senior quarterback Chris Pizzotti connected with senior tight end Jason Miller in the flat, and Miller rumbled for 13 yards and a crucial first down...
...Culbreath 1-yd. run for a touchdown. Ben Bologna, winner of Harvard Crimson's Most Appetizing Name Award, kicks successful extra kick. 5 plays for 20, 1:54 time of possession. PRINCETON 7, HARVARD...
...Hand off to Ben Jenkins for 2 yards...