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Money and Monetary Policy

A collection of news and information related to Money and Monetary Policy published by this site and its partners.

Top Money and Monetary Policy Articles

Displaying items 67-77
  • Yellen upbeat about growth in coming quarter

    Federal Reserve Chairwoman Janet L. Yellen painted a mostly upbeat picture of the economy emerging from a weather-induced winter slowdown but gave no hints of when the central bank might start raising rock-bottom interest rates. In Capitol Hill...
  • Greek land mine scandal sparks far-reaching investigation

    Tens of millions of dollars in public funding for nongovernmental aid organizations is under scrutiny after the arrest of the head of a mine-clearing organization accused of embezzling $12.4 million, Greek authorities say. Three civil servants could...
  • Mortgage rates defy forecasts

    As 2014 arrived, experts were confident that the 30-year mortgage rate would rise to at least 5% this year as the Federal Reserve cut back a bond-buying program, which had depressed the rates to unheard-of lows in 2013. So much for the experts. The...
  • The tax they're not talking about [Editorial]

    The tax they're not talking about  [Editorial]
    With varying degrees of aggressiveness and specificity, all seven candidates for governor are pledging to change Maryland's tax code. The ideas range from eliminating the income tax altogether (Republicans David Craig and Charles Lollar) to raising...
  • Rejected for HARP refi? Try again

    By Ilyce Glink and Samuel J. Tamkin Q: I've been trying to refinance my Georgia home for at least a year. I have a 7 percent conventional mortgage with a big, locally based bank. I've been told that my loan is a Fannie Mae loan, but I don't qualify...
  • Mortgage lending slows to a 14-year low

    Mortgage lending slows to a 14-year low
    Fewer home sales and rising interest rates have led to the nation's lowest level of mortgage lending in 14 years. Just $235 billion in home loans were started in the first three months of the year, the lowest figure recorded in a quarter since 2000,...
  • U.S. economy grows at 4% annual rate in second quarter

    U.S. economy grows at 4% annual rate in second quarter
    The economy's strong second-quarter growth showed the recovery has regained momentum after a brutal winter and could signal a quicker end to the era of rock-bottom interest rates. The nation's total economic output, or gross domestic product,...
  • CME Group earnings drop on weak trading volumes

    CME Group earnings drop on weak trading volumes
    CME Group Inc., the world's largest futures market operator, on Thursday reported lower-than-expected second-quarter earnings due to weak trading volumes. CME Group Inc., the world's largest futures market operator, reported lower-than-expected second-...
  • Legg Mason continues growth after years of withdrawals

    Legg Mason continues growth after years of withdrawals
    Legg Mason Inc. reported Thursday its quarterly profit grew 51 percent, thanks to a strategy that has diversified the money manager's investment portfolio. The Baltimore-based company said it earned $72.2 million, or 61 cents per share, in the three...
  • July's solid job growth shows economic recovery is advancing

    July's solid job growth shows economic recovery is advancing
    July’s employment report showing net growth of 209,000 jobs was below expectations and a sharp tail-off from the previous month, but still represents a solid gain that shows the recovery from the Great Recession is advancing, economists said....
  • Sales of homes for at least $1 million heat up in California

    Sales of homes for at least $1 million heat up in California
    While the overall housing market may have been stuck in neutral this spring, there was no stopping sales of high-end homes. Sales of homes for $1 million or more hit a seven-year high in California in the second quarter, while sales of $2-million-plus...