Tag Archives: Stimulus

Federal Reserve Cuts Stimulus As Expected

By Jonathan Spicer and Jason Lange WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday announced a further $10 billion reduction in its monthly bond purchases as it stuck to a plan to wind down its extraordinary stimulus despite recent turmoil in emerging markets. Fed Chairman Ben Bernanke, who hands the central bank's reins to…
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Inflation: A Retirees Biggest Enemy

Most people don't think of inflation as being their biggest enemy.  But reality shows that especially for retirees, rising costs of living can be the most devestating thing there is.  In 1981, a gallon of gas cost $1.35, about a third of what it costs today.  And the cost of an average home at that…
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