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Tag Archives: federal reserve bank

Next up for JPMorgan’s Dimon: Facing the shareholders

NEW YORK — JPMorgan Chase CEO Jamie Dimon owned up to stock analysts and went on TV to accept blame for a $2 billion trading mistake. Next he faces shareholders, who are considerably less wealthy since the blunder was disclosed. ...

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Realities of Real Estate: Avoiding a double-dip in housing

Recently, there has been much speculation about whether or not we might be on the verge of a double-dip recession. Similarly, in some localities, real estate appears to be sluggish, if not stalled. The economy as a whole and the ...

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Rate on 30-year mortgage falls to record 4.01 pct.

WASHINGTON — Fixed mortgage rates have fallen to historic new lows for a fourth straight week and are likely to fall further. The average on a 30-year fixed mortgage fell to 4.01 percent this week, Freddie Mac said Thursday. That’s ...

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Bernanke bond plan faces skeptics within Fed

WASHINGTON — Few expect any major shifts when the Federal Reserve’s policymaking panel meets this week, even though two of its new voting members have been skeptics of the Fed’s $600 billion Treasury bond purchase plan. That could all change ...

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