federal reserve

Judging by Ben Bernanke’s recent abnormal behavior, we are quite confident the Fed forgot to add at least three zeroes to the latest version of the Benjamins. Here is how the government is spending money to recreate old money, just so it can print even more money. [...]

Is the Federal Reserve forever blowing bubbles? With interest rates hovering at historic lows, some economists and investors fear the Fed’s easy-money policy could create another asset bubble. But others don’t see a need to hit the panic button just yet. Critics want the central bank to start hiking rates and withdrawing some of the [...]

(CNNMoney.com) — If you haven’t heard, big changes are soon coming for the credit card business. The CARD Act, which was signed into law last May, will finally go into effect Monday, meaning big changes for the millions of card-carrying Americans across the country. Among other things, it will eliminate some of the more egregious [...]

NEW YORK (CNNMoney.com) — The Federal Reserve made it clear Thursday that the hike in its emergency lending rate won’t mean a thing for the interest rates paid by consumers and businesses any time soon. Now, the debate is whether it was right to make that promise. There are plenty of experts who argue that [...]

For U.S. Representative Ron Paul, the ninth time may be the charm. After fighting for decades to increase scrutiny of the Federal Reserve or abolish it, the Texas Republican’s proposal requiring audits of the central bank’s interest-rate decisions is getting traction. The long-shot 2008 presidential candidate whose anti-tax, anti-government politics struck a chord with a [...]