Word: fedã
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...Senior Class Committee, in conjunction with members of the Harvard Alumni Association, selected Bernanke as the Class Day speaker, Tennant said. A spokeswoman from the Federal Reserve declined to comment regarding Bernanke’s visit, but noted that the text of his speech will be posted on the Fed??€™s Web site at 2:45 today. —Staff writer Maxwell L. Child can be reached at mchild@fas.harvard.edu. —Staff writer Thomas J. Lawless can be reached at tlawless@fas.harvard.edu...
...first, and especially if we contrast it with the short-term outlook of the Fed??€™s recent movements, this seems ridiculous. Why not allow looser standards, drop the two percent inflation goal, inject further liquidity, and appease both bankers worried about profits and politicians losing sleep over approval ratings...
...Tuesday, former Fed Chair Paul A. Volcker publicly chided Bernanke for the Fed??€™s recent interventions, which he called excessive...
...prize. The Fed Challenge is an economics competition sponsored by the Federal Reserve. Fed Chairman Ben S. Bernanke ’75, who attended the competition, praised the competitors in his keynote speech and said that the Fed Challenge is the best way for students to learn about the Fed??€™s role in setting U.S. monetary policy. A panel of judges made up of Senior Vice Presidents of the Federal Reserve grilled each team with questions after their presentations. The teams were judged based on their knowledge of monetary policy, the quality of their analysis, and the evidence...
...wake of the summer’s subprime mortgage meltdown, Harvard economists are divided on the course of action Federal Reserve Chair Ben S. Bernanke ’75 should take at the Fed??€™s upcoming policy meeting. Subprime mortgages—loans which banks make on highly favorable terms to potential homeowners with weak credit histories—became common in recent years, but a rash of recent defaults has sent the mortgage industry into turmoil. Amidst worries that the mortgage crisis could be causing a general economic slowdown, many argue that an interest rate...