All Entries Tagged With: "Ben S. Bernanke"
Fed direct loans decision and falling oil prices helps the dollar rise
The U.S. dollar has risen slightly against the Euro for the first time in three days, and part of that reason was because of the decision from Fed Chairman Ben S. Bernanke. He said that the decision to extend security dealers’ access to direct loans into 2009 was just a small part of why the [...]
Jul 08, 2008 | Comments 0
Federal Reserve to restrict exotic mortgages and high-cost loans
Federal Reserve chairman, Ben S. Bernanke, has said that with the turbulence in both the housing and financial markets, he has no option but to issue new lending rules next week, this will restrict exotic mortgages and high-cost loans for those who have weak credit.
Jul 08, 2008 | Comments 1