Timothy Geithner

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US Treasury Secretary Timothy Geithner (US Treasury Secretary Timothy Geithner (US Treasury Secretary Timothy Geithner (

Yellen’s Denials about Inflation Will Curb Fed’s Independence

Jul 18 2014 11:47am CDT | Source: Big Government

US Treasury Secretary Timothy Geithner (
Testifying before Congress, Federal Reserve Chairwoman Yellen cherry picked data on inflation by noting prices are up, on a year-over-year basis, less than the Federal Reserve’s target of 2 percent.   The Labor Department’s Consumer Price Index has accelerated since March and was up 4.2 percent in May. Tuesday, it will release June data and perhaps not quite so high, it likely will show inflation continued above 3 percent. On ...
Full article at: Big Government
 

 

Yellen’s Denials About Inflation Will Curb Fed’s Independence

Jul 18 2014 7:07am CDT | Source: Big Government

US Treasury Secretary Timothy Geithner (
Testifying before Congress, Federal Reserve Chairwoman Yellen cherry picked data on inflation by noting prices are up, on a year-over-year basis, less than the Federal Reserve’s target of 2 percent.   The Labor Department’s Consumer Price Index has accelerated since March and was up 4.2 percent in May. Tuesday, it will release June data and while perhaps not quite so high, it likely will show inflation continued ...
Full article at: Big Government
 

 

Bailout Economics: Predators Still Fattening on Prey

Jun 17 2014 5:16am CDT | Source: Politics - The Huffington Post

US Treasury Secretary Timothy Geithner (
Almost six years after the financial crisis, JPMorgan, Citigroup, and Bank of America face potential fines of around $12 billion each for their role in mortgage malfeasance. In the context of the damage done and the bailout money poured into banks; the fines are miniscule and won't even cover reparations in one or two blighted areas. This is after a series of post-crisis banking scandals revealing the ...
Full article at: Politics - The Huffington Post
 

 

Latest stories

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Beijing, July 23 (IANS) A total of 1,477 tourists on an island in east China's Zhejiang province were evacuated as typhoon Matmo approached, officials said Wednesday. | by IANS
 
How to make your kids eat veggies
New York, July 23 (IANS) Do you find it hard to make your kids eat vegetables? Then do not tell them vegetables are good for them as children are less likely to eat healthy foods when they hear about their benefits, says a study. | by IANS
 
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London, July 23 (IANS) In what could help better understand behavioural problems and social adaptation difficulties in children, researchers have found that patterns of brain connectivity are linked with impulsive behaviour. | by IANS
 
 


 

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