The Economy

May 22, 2013
FOMC shows willingness to taper asset purchases

The May Federal Open Market Committee meeting minutes reveal a number of...

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April job gains dampened by weaker outlook for young Americans

The employment situation posted overall improvement in April; however, a drop in employment for 25- to 34-year-olds could cause more drag to the recovery of the housing market.

FOMC meeting minutes show Fed still debating MBS curtailment

The minutes show a Fed where certain members still view the risk and costs of mortgage-backed securities purchases as manageable, while others say the market needs to be watched closely for any signs that suggest quantitative easing should be curtailed.

ReWired

Warren versus Bernanke: A Senate Showdown

Sen. Elizabeth Warren grills Ben Bernanke over the too-big-to-fail situation and gets unlikely support from across the aisle.

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