GenevaLunch » Federal Reserve http://genevalunch.com Community Newspaper Online Fri, 10 Feb 2012 14:57:55 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://creativecommons.org/licenses/by-nc-nd/3.0/ Copyright © GenevaLunch 2010 editor@genevalunch.com (GenevaLunch) editor@genevalunch.com (GenevaLunch) http://genevalunch.com/wp-content/plugins/podpress/images/powered_by_podpress.jpg GenevaLunch http://genevalunch.com 144 144 Community Newspaper Online GenevaLunch GenevaLunch editor@genevalunch.com no no Moody’s to review US debt rating, Obama walks out of talks http://genevalunch.com/blog/2011/07/14/moodys-to-review-us-debt-rating-obama-walks-out-of-talks/ http://genevalunch.com/blog/2011/07/14/moodys-to-review-us-debt-rating-obama-walks-out-of-talks/#comments Thu, 14 Jul 2011 08:46:03 +0000 Ellen Wallace http://genevalunch.com/?p=59780 GenevaLunch.com GENEVA, SWITZERLAND – Credit ratings agency Moody’s announced 13 July that it will review the US debt rating, since the country is not yet making significant progress on resolving the budget and debt ceiling crisis that could lead to a US default 2 August if not resolved soon. The announcement was followed a few hours [...]

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]]> http://genevalunch.com/blog/2011/07/14/moodys-to-review-us-debt-rating-obama-walks-out-of-talks/feed/ 0 The Fed weakens the dollar (Chappatte cartoon) http://genevalunch.com/blog/2010/11/12/the-fed-weakens-the-dollar-chappatte-cartoon/ http://genevalunch.com/blog/2010/11/12/the-fed-weakens-the-dollar-chappatte-cartoon/#comments Fri, 12 Nov 2010 08:38:34 +0000 Ellen Wallace http://genevalunch.com/?p=49820 GenevaLunch.com ©2010 Chappatte, distributed by Globe Cartoon. More cartoons on Chappatte’s web site. Geneva-based Patrick Chappatte works for the International Herald Tribune, for Geneva newspaper Le Temps, and for NZZ am Sonntag. All cartoons reproduced with permission.

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]]> http://genevalunch.com/blog/2010/11/12/the-fed-weakens-the-dollar-chappatte-cartoon/feed/ 0 Dollar falls against Euro, Swiss franc http://genevalunch.com/blog/2010/09/15/dollar-falls-against-euro-swiss-franc/ http://genevalunch.com/blog/2010/09/15/dollar-falls-against-euro-swiss-franc/#comments Wed, 15 Sep 2010 07:50:27 +0000 Sean Ecker http://genevalunch.com/?p=47039 GenevaLunch.com The US currency has fallen to its lowest level against major currencies, and gold hit a new record amid worries that the US Federal Reserve may intervene again to avoid a recession. The dollar touched 1.30 per Euro, and parity against the Swiss franc in late trading 14 September. The dollar rose against the Japanese [...]

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]]> http://genevalunch.com/blog/2010/09/15/dollar-falls-against-euro-swiss-franc/feed/ 0 Dollar gains on Fed news, Bernanke “Person of the Year” http://genevalunch.com/blog/2009/12/17/dollar-gains-on-fed-news-bernanke-person-of-the-year/ http://genevalunch.com/blog/2009/12/17/dollar-gains-on-fed-news-bernanke-person-of-the-year/#comments Thu, 17 Dec 2009 07:55:48 +0000 Ellen Wallace http://genevalunch.com/?p=33929 GenevaLunch.com The US Federal Reserve said Wednesday 16 December that the US economy is improving, and in the hours that followed the US dollar gained against most other major currencies. It was up 0.9 percent against the euro, a three-month high. The Fed said it wants to keep interest rates “extremely low” but that figures on [...]

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]]> http://genevalunch.com/blog/2009/12/17/dollar-gains-on-fed-news-bernanke-person-of-the-year/feed/ 0 US Senate banking committee makes forceful proposal to regulate banks http://genevalunch.com/blog/2009/11/11/us-senate-banking-committee-makes-forceful-proposal-to-regulate-banks/ http://genevalunch.com/blog/2009/11/11/us-senate-banking-committee-makes-forceful-proposal-to-regulate-banks/#comments Wed, 11 Nov 2009 10:04:41 +0000 Ellen Wallace http://genevalunch.com/?p=31362 GenevaLunch.com The US Senate banking committee has proposed a significant change to the US bank regulatory system, calling for a single body to regulate banks. The move would diminish the powerful role of the Federal Reserve in this area and would replace overlapping regulation by several groups, including the Federal Deposit Insurance Corporation and smaller regulators, [...]

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]]> http://genevalunch.com/blog/2009/11/11/us-senate-banking-committee-makes-forceful-proposal-to-regulate-banks/feed/ 0 Bernanke says “recession likely over”, consumer confidence up http://genevalunch.com/blog/2009/09/16/bernanke-says-recession-likely-over-consumer-confidence-up/ http://genevalunch.com/blog/2009/09/16/bernanke-says-recession-likely-over-consumer-confidence-up/#comments Wed, 16 Sep 2009 07:25:02 +0000 Sean Ecker http://genevalunch.com/?p=27831 GenevaLunch.com Ben Bernanke, chairman of the US central bank the Federal Reserve, said 15 September that the recession in the US was probably technically over, but that unemployment would continue to undermine any recovery. A recession is officially no or negative economic growth for two consecutive quarters. Latest data about US employment indicates that the unemployment [...]

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]]> http://genevalunch.com/blog/2009/09/16/bernanke-says-recession-likely-over-consumer-confidence-up/feed/ 0 Asian stocks tumble on Wall St bad news http://genevalunch.com/blog/2008/09/16/asian-stocks-tumble-on-wall-st-bad-news/ http://genevalunch.com/blog/2008/09/16/asian-stocks-tumble-on-wall-st-bad-news/#comments Tue, 16 Sep 2008 07:32:08 +0000 Ellen Wallace http://genevalunch.com/?p=4873 GenevaLunch.com Shares in Asia fell dramatically Tuesday after Wall Street’s worst day on Monday since the aftermath of 11 September 2001: in Hong Kong and Tokyo shares opened 5-7% down. Financial Times and Reuters More bad financial news: AIG, an insurer at the heart of the financial system, was given a $20 billion “lifeline” by the [...]

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