Category Archives: Economy

Bernanke Announces QE3 In A Big Way

Ben Bernanke announced today that QE3 (Quantitative Easing 3) would be an open-ended round of buying mortgage securities and keeping rates between 0% and 0.25% through mid-2015. This move is the biggest and boldest of all the easing the committee has done yet....
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August Jobs Report Worse Than Expected

One headline for the August jobs report today read, "US economy added 96,000 jobs in August and the unemployment rate fell to 8.1%". Well that sounds pretty good, until you look deeper into the numbers to see what it really meant. Economists were...
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