Archive for May 29th, 2008

Fed to Conclude Bear Stearns and JPMorgan Arrangements by June 26

Thursday, May 29th, 2008

On Thursday morning, the Federal Reserve Bank of New York announced
its intentions to conclude arrangements for the financing of
JPMorgan’s acquisition of Bear Stearns by June 26 and
finish valuating the investment bank’s portfolio.

“The New York Fed, in coordination with JPMorgan Chase, is working
carefully and expeditiously to…

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Dallas Fed's Fisher Expects Rate Hike Despite Slowing Growth

Thursday, May 29th, 2008

Speaking in San Francisco on Thursday, Dallas Fed President Richard
Fisher has said he expects “a change of course in monetary
policy to occur sooner rather than later, even in the face of an
anemic economic scenario.”

“I would expect a change of course in monetary policy to occur sooner
rather than later, even in the face of…

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Thursday's Events: United States Q1 Prelim GDP, Jobless Claims, Top FOMC-Speak

Thursday, May 29th, 2008

Preliminary United States GDP, jobless claims and comments from the Fed’s Ben
Bernanke, Donald Kohn and Timothy Geithner will highlight the North
American economic releases along with weekly oil inventories from the
Department of Energy and the first-quarter current account balance from
Canada.

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Thursday's Events: United States Q1 Prelim GDP, Jobless Claims, Top FOMC-Speak

Thursday, May 29th, 2008

Preliminary United States GDP, jobless claims and comments from the Fed’s Ben
Bernanke, Donald Kohn and Timothy Geithner will highlight the North
American economic releases along with weekly oil inventories from the
Department of Energy and the first-quarter current account balance from
Canada.

Read More Now

Thursday's Events: United States Q1 Prelim GDP, Jobless Claims, Top FOMC-Speak

Thursday, May 29th, 2008

Preliminary United States GDP, jobless claims and comments from the Fed’s Ben
Bernanke, Donald Kohn and Timothy Geithner will highlight the North
American economic releases along with weekly oil inventories from the
Department of Energy and the first-quarter current account balance from
Canada.

Read More Now

Thursday's Events: United States Q1 Prelim GDP, Jobless Claims, Top FOMC-Speak

Thursday, May 29th, 2008

Preliminary United States GDP, jobless claims and comments from the Fed’s Ben
Bernanke, Donald Kohn and Timothy Geithner will highlight the North
American economic releases along with weekly oil inventories from the
Department of Energy and the first-quarter current account balance from
Canada.

Read More Now

Thursday's Events: United States Q1 Prelim GDP, Jobless Claims, Top FOMC-Speak

Thursday, May 29th, 2008

Preliminary United States GDP, jobless claims and comments from the Fed’s Ben
Bernanke, Donald Kohn and Timothy Geithner will highlight the North
American economic releases along with weekly oil inventories from the
Department of Energy and the first-quarter current account balance from
Canada.

Read More Now

Thursday's Events: United States Q1 Prelim GDP, Jobless Claims, Top FOMC-Speak

Thursday, May 29th, 2008

Preliminary United States GDP, jobless claims and comments from the Fed’s Ben
Bernanke, Donald Kohn and Timothy Geithner will highlight the North
American economic releases along with weekly oil inventories from the
Department of Energy and the first-quarter current account balance from
Canada.

Read More Now