Tag Archives: Interest Rates

Obama Making College More Affordable

President Obama unveiled a plan today that is aimed to make college costs more affordable.  The plan, he says, will rate colleges on the value they provide for the money students spend, and then tie those ratings to Federal student aid.  The plan would also include provisions allowing those paying off student loan debt to limit…
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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. Unlike QE1 and QE2 where there were limits set to how much…
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Bernanke Plans to Continue Easy Policy

This morning Ben Bernanke spoke to the National Association for Business Economics and stated that the Central bank will continue it's supportive policy even as unemployment rates decline.  He said that the U.S. economy needs to grow more quickly if it is to produce enough jobs to bring down the unemployment rate further.  In other words,…
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