Sunday July 20, 2008
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Latest Monetary Policy Report to the Congress News

  • US: Amid surging prices, Fed raises specter of renewed class struggle 17 Jul 2008 16:10 GMT
    ... for higher wages by American workers if prices continue to increase. In his biannual monetary policy report, delivered to both houses of Congress, the Fed Chairman stressed the Feds continuing commitment to quelling any wages movement. [T]he ...

  • Bernanke says Fannie, Freddie in no danger of failing 17 Jul 2008 10:36 GMT
    ... the Federal Reserve Ben Bernanke reports his Monetary Policy Report before the U.S. Senate Banking Committee on ... over, adding it is also vital for Congress to boost regulatory oversight on the two ...

  • Bernanke: Economy in "rough time" 17 Jul 2008 05:51 GMT
    ... the Federal Reserve Ben Bernanke reports his Monetary Policy Report before the Senate Banking Committee on Capitol ... sought to convince sometimes skeptical members of Congress to send a strong signal to financial ...

  • Citigroup reports results Friday 17 Jul 2008 04:31 GMT
    ... per cent. Federal Reserve Board Chairman Ben Bernanke delivers the U.S. central bank's semi-annual monetary policy report to Congress. He is to testify before the Senate banking committee Tuesday and the House financial ...

  • Bernanke: Markets under stress, outlook uncertain 17 Jul 2008 04:27 GMT
    ... risk” to the financial system, and urged Congress to pass legislation creating a stronger regulator. ... Treasury bond yields fell. In its semi-annual monetary policy report to Congress, the Fed raised its projection ...

  • Text Of Bernanke TestimonyLoading... 17 Jul 2008 04:25 GMT
    ... Shelby, and members of the Committee, I am pleased to present the Federal Reserve's Monetary Policy Report to the Congress. "The U.S. economy and financial system have confronted some significant challenges thus far in ...


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EIN News Columnists

• It's the Economy, Stupid! A Short History of the Fallacy of the GDP Measurement. (By Tracy Dove, the Naked Historian) [18 Jul 2008 - 10:26]
• Yes, There Has Been A Whole Lot of Whining Going On [13 Jul 2008 - 19:34]
• It's Time for The U.S. to Graduate From The Electoral College (Joe Rothstein's Commentary) [09 Jul 2008 - 10:55]
• The Fourth of July And BIG Ideas---An Open Letter to John McCain And Barack Obama (Joe Rothstein's Commentary) [01 Jul 2008 - 17:53]
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Bank Types News

• Credit union sponsors Biz Kid$ [20 Jul 2008 - 10:53]
• Leading commercial banks cut lending rates [20 Jul 2008 - 10:07]
• Credit unions echo banks: Your money's safe with us [20 Jul 2008 - 09:56]
• Qatar Islamic Bank grows 70% in H1 [20 Jul 2008 - 09:31]
• South Jordan credit union teller charged in robbery [20 Jul 2008 - 08:35]
• Credit union promotes Economy [20 Jul 2008 - 06:30]
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Central Banks News

• Zimbabwe central bank introduces 100 billion dollar note [20 Jul 2008 - 09:56]
• CENTRAL BANK GOVERNOR RULES OUT USE OF VETO [20 Jul 2008 - 06:01]
• Zimbabwe central bank introduces 100 billion dollar bearer cheque [19 Jul 2008 - 14:10]
• Central banks 'must take the lead in restoring order' [19 Jul 2008 - 07:30]
• Dr Chris Eichbaum appointed to Reserve Bank Board [19 Jul 2008 - 06:55]
• Mexico's central bank raises key interest rate [19 Jul 2008 - 06:36]
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Regardless of your general preferences, which U.S. presidential candidate's Iraq policy do you support? (Jul. 15, 2008)



 
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Currency News

• Satyam's FY09 Q1 net profit rises 45 percent on new orders, weaker rupee [20 Jul 2008 - 13:27]
• Rockies pound Pirates again [20 Jul 2008 - 10:15]
• Biocon's net profit drops 72 percent in Q1 of FY09 due to rupee volatility, absence of licensing income [20 Jul 2008 - 09:54]
• The skyrocketing price of oil has killed the "800-pound gorilla" that had been hanging around Portland International Airport for much of … [20 Jul 2008 - 08:28]
• Peso rallies on rate hike; won falls [20 Jul 2008 - 07:23]
• 70 years ago, sugar cost less than 7 cents a pound [20 Jul 2008 - 06:07]
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IMF

• Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with the Islamic Republic of Iran  [20 Jul 2008 - 04:53]
• IMF says Britain will dodge recession [20 Jul 2008 - 04:51]
• IMF revises France's growth forecast upwards [20 Jul 2008 - 04:25]
• IMF revises growth figures upward [19 Jul 2008 - 14:31]
• Inflation could erode Bangladesh's recent gains in poverty reduction - IMF [19 Jul 2008 - 14:09]
• DRC: PRESIDENT KABILA SEEKS IMF BACKING THROUGH FRENCH COUNTERPART [19 Jul 2008 - 08:28]
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World Bank News

• REFILE-'Now or never' World Bank chief urges on trade deal [20 Jul 2008 - 14:27]
• 'Now or never' World Bank chief urges on trade deal [20 Jul 2008 - 13:28]
• World Bank President Calls for Breakthrough Progress on Doha Round [20 Jul 2008 - 13:27]
• World Bank hails European Commission's food facility proposal [19 Jul 2008 - 09:55]
• World Bank says Asian cities at risk [19 Jul 2008 - 06:56]
• World Bank ups Ukraine 2008 inflation forecast to 21.5% [19 Jul 2008 - 03:32]
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Banking Organizations News

• Ford's Financial Services Business About to Enter the Red [20 Jul 2008 - 14:28]
• The former Treasury undersecretary and Goldman Sachs Group Inc. executive, who took over as CEO of Wachovia Corp. on July 9, has wasted no time in acknowledging the difficulties that lay ahead for the nation's fourth-largest bank. [20 Jul 2008 - 09:31]
• Duke Ellington: New York New York, The Treasury Shows, Vol. 13 & A Tone Parallel to Harlem [20 Jul 2008 - 06:57]
• The U.S. Mint trots out another round of dollar coins [20 Jul 2008 - 06:54]
• Marketing Financial Services & Investment Solutions to High Net Worth Individuals (Hong Kong Venue) [20 Jul 2008 - 04:52]
• British finance minister paints bleak picture of economy [20 Jul 2008 - 04:49]
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Banking Regulation News

• McCreevy gets tough on money laundering [19 Jul 2008 - 06:56]
• Defense Team Argues DOJ Ideology Spurred Money Laundering Indictment of Miami Attorney [19 Jul 2008 - 03:47]
• Money laundering and terrorist ... [18 Jul 2008 - 22:33]
• "Shield against Money Laundering" [18 Jul 2008 - 19:14]
• Talansky: I am not a money launderer [18 Jul 2008 - 12:31]
• Former Aberdeen man pleads not guilty to money laundering [18 Jul 2008 - 10:58]
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Banking Products News

• Secured Loans Still a Viable Debt Solution [20 Jul 2008 - 14:27]
• GE Money departing from US, UK credit card mkts; to pursue growth in India [20 Jul 2008 - 14:07]
• Zero Interest Credit Cards [20 Jul 2008 - 10:55]
• Group says bank overdraft fees as predatory as payday loans [20 Jul 2008 - 09:33]
• More airlines opt for credit cards in the cabin [20 Jul 2008 - 09:31]
• Credit card fraud can haunt after vacation ends [20 Jul 2008 - 08:34]
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