Fed Injects 1.2 Trillion to Avert Recession
Minutes from the March 17 18 meeting show the Federal Reserve expanding its balance sheet by 1.2 trillion to lower rates and spur demand. Officials approved up to 300 billion for long term Treasuries and 750 billion in Fannie Mae and Freddie Mac mortgage securities as GDP growth projections were trimmed for 2009 and 2010.
MENTIONED IN THIS ARTICLE
Washington, D.C
Federal Reserve
Fed
Fannie Mae
Freddie Mac
Ben Bernanke
Fannie
Freddie Securities
U.S
Big housing deal boosts insurers lift stocks on Wall Street
Wall Street recovered from a two day slide as insurance technology and homebuilding shares rose on hopeful industry news. Investors gauge first quarter results and a cautious Federal Reserve outlook while Dow adds 48 points to 7837 S&P 500 gains to 825 and Nasdaq rises to 1591 after a streak of weekly gains.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Federal Reserve
Also Mentioned on This Page
Tony
Carolina
Knapp Law Firm
H. Marie V. Young
Knapp
Lindafarro
Standard & Poor
Rebecca
Jennifer
Silver Bluff
Aiken
Whiskey
Wal-Mart
Barnwell Waren
Dunbarton Bird, Barr
Middleton Dr
Jackson Hewitt
W. . Wright
Pee Sade
D. Aiker
IRS
Athens
Jean Arnold
Jearnold
Atlantiohbne
Bles
Main Street
New Ellenton
Sand Bar Ferry
Beech Island
Aiken Tax Service
Whiskey Rd
Aike
Aiken Tax Senvice
GAR
Richland Ave
Ee Smith Tax Advisory Group Taxes, Insurance, and Investments
USF & Insurance Services, Inc
W.smithtaxadvisors
RestoreAiken.com
Cheri Reese F&m Mortgage Group LLC
Stock Exchange
Wednesday's Market IN Review
Naspaa
Nyse A
Avex
Wote
Nee
Nthno&g
PhrmaAth
CusTom
AidWestra
BkTr BedBath
Insulet
Celadon
MolecinPh
Faries
Seg
Aldirish
In Sorb
Startek
ChaseCorp
SilicaMoth
Cosanlid
Novabayp
BnagtdFds
Manitowoc
Velocityrs
Key
Aspectrity
PNC
PwShs
SPOR
Cfcda
Fordm
Microsoft
Cisco
DirFin Bull
SunMicro
Taseko
FithThird
ProLogis
Jane
Chg
Atat Inc
Magen NY
Semon NY
KimbCik NY
Lilly NY
Lowes NY
BP PLC NY
McDnids
BkotAm NY
MeadWvco NY
Nasd
Merck NY
Micront
CBS B
CSX
Nash
Phizer NY
CocaCl NY
PhilipMor
OTE NY
PwShs Qqq
Prounsp NY
Dellinc Nasd
ProuitFin NY
Directv Nash
ProdtGam NY
RegionsFn NY
Roydshila NY
Sca NY
Ekodak NY
SouthFnel Nasd
FMC Corp NY
SouthnCo NY
Fcuba
Vj Spansn If Nasd
Spdr NY
GenElec NY
Spdr Fuel NY
Synowws NY
Textron NY
Hartlden NY
3M Co NY
US Steel NY
UnvHith NY
Viacomb NY
Shemit
WalMart
Wells Fargo
Wendy Arby
Dow Jones Industrials
Daiy Dow Jones
Init
Pimco TotRelis
Gridama m
Capiicbua m IH
NL Fidelity Contra
Cowidgma
Vanguard
Wamutinva m
EurPacGrAm
Dodge & Cox Stock Nw
Pimco TetRetAdm Cl
BalAm MA
NewPerson m Ws
BondAm Cl
FrinvAm
Dodge & Cox intiStk
Fidelity Growto
FrankTemp
Franklin
Momingstar