Tales from the Trail

Romney looks to give Bernanke the boot

April 26, 2012

U.S. Federal Reserve Chairman Ben Bernanke attends the International Monetary and Financial Committee (IMFC) meeting during the spring IMF-World Bank meetings in Washington April 21, 2012.

Washington Extra – Moonshot no more

April 26, 2012

U.S. Republican presidential candidate Newt Gingrich bows his head in prayer before speaking at First Redeemer Church while on a campaign tour in Cumming, Georgia, February 26, 2012. REUTERS/Tami Chappell

Washington Extra – Easy money

January 26, 2012

Some great news for all you borrowers today from the Fed. Interest rates are likely to remain around zero until at least late 2014. That’s later than previously expected, and to put things in perspective, it’s nearly two years into the term of the president who will be elected in November.

What’s on Ben’s mind?

April 27, 2011

We’ve created a quick and dirty word cloud of what Fed Chairman Ben Bernanke said in his historic press conference this afternoon. Words he used more often are larger than less-used words. For bonus points try to find the word “jobs” in there:

Washington Extra – Fed speak

March 24, 2011

Has hell frozen over? Are pigs flying? Is the sun rising in the West?

Don’t rub your eyes, it’s real. The Federal Reserve chairman, that oracle of monetary policy, will hold FOUR news conferences a year. AUSTRALIA

Washington Extra – Chicken and ducks

December 1, 2010

USA-HEALTHCARE/The wrangling continues over the Bush-era tax cuts. President Barack Obama said he was confident Democrats and Republicans could break the deadlock and reach a deal soon. But with time running out, there is something of a game of chicken being played by the two sides. Each is watching to see who blinks first, and with the economy still struggling, both know the stakes are high.

Washington Extra – Happy Thanksgiving

November 24, 2010

dinnerHappy Thanksgiving! Washington Extra will return on Monday.

Here are our top stories from Washington today…

U.S. vows unified response to North Korea, eyes restraint

The U.S. urged restraint following a North Korean artillery attack on South Korea and vowed to forge a “measured and unified” response with major powers including China.

Palin talks tough to kids on quantitative easing

November 8, 2010

Now that the midterm elections are history, Sarah Palin is setting her sights and rhetorical skills on the Federal Reserve and its easy money policy.

Washington Extra – Dinner party ideas

November 4, 2010

ron_paulCongress might not get much done in the next two years, but boring it won’t be. Certainly not with Ron Paul as likely head of the monetary policy (aka Fed oversight) subcommittee in the House.