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Federal Reserve

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    May 15, 2013 |Story| Baltimore Sun

  1. Maryland economy will continue to feel government spending cuts

    Maryland for years benefited from its close proximity to the nation's capital, but the mandatory federal spending cuts called sequestration will be a drag on the state's economy for the next couple of years, said the president of the Federal Reserve Bank of Richmond.
    Maryland for years benefited from its close proximity to the nation's capital, but the mandatory federal spending cuts called sequestration will be a drag on the state's economy for the next couple of years, said the president of the Federal Reserve...

    Tags: Finance, Inflation and Deflation, Business Institutions

    2. May 12, 2013 |Column| Baltimore Sun

  2. Maryland's McDaniel College closing the 'opportunity gap'

    Here's what Ben Bernanke, the Federal Reserve chairman, said three years ago as the nation's gap between rich and poor widened toward historic levels: "I think it's a very bad development. It's creating two societies. And it's based very much, I think, on educational differences. … It leads to an unequal society, and a society which doesn't have the cohesion that we'd like to see."
    Here's what Ben Bernanke, the Federal Reserve chairman, said three years ago as the nation's gap between rich and poor widened toward historic levels: "I think it's a very bad development. It's creating two societies. And it's based very much, I think, on...

    Tags: U.S. Department of Education, Finance, Colleges and Universities, Westminster (Carroll, Maryland), High Schools

    3. May 10, 2013 |Story| Baltimore Sun

  3. Baltimore-area home sales rise 15% in April

    Baltimore-area home sales rose 15 percent in April compared with a year earlier, and newly pending deals soared as buyers kicked the spring housing market into higher gear, according to data released Friday.
    Baltimore-area home sales rose 15 percent in April compared with a year earlier, and newly pending deals soared as buyers kicked the spring housing market into higher gear, according to data released Friday. Prices remained largely unchanged at $238,...

    Tags: Marketing, Real Estate Sales, Real Estate, Baseball, Condos

    4. May 9, 2013 |Story| Baltimore Sun

  4. Niall Ferguson's blooper

    At an investment conference last week, Harvard historian Niall Ferguson created a huge mess for himself. He glibly speculated that maybe because economist John Maynard Keynes was a childless, "effete" homosexual, he embraced a doctrine that favored immediate economic gratification. Keynes' bon mot "in the long run, we are all dead" takes on new meaning when you realize he didn't have kids to worry about.
    At an investment conference last week, Harvard historian Niall Ferguson created a huge mess for himself. He glibly speculated that maybe because economist John Maynard Keynes was a childless, "effete" homosexual, he embraced a doctrine that favored...

    Tags: Media Industry, Family Planning, Philosophy, Same-Sex Marriage, Abraham Lincoln

    5. May 5, 2013 |Story| Baltimore Sun

  5. Bush deserves the criticism he's getting

    When I read Stanley J. Glinka's recent letter defending the presidency of George W. Bush I wanted to laugh, but it was 6 a.m. and I did not want to wake up my still sleeping wife ("Stop blaming Bush," May 1).
    When I read Stanley J. Glinka's recent letter defending the presidency of George W. Bush I wanted to laugh, but it was 6 a.m. and I did not want to wake up my still sleeping wife ("Stop blaming Bush," May 1). Now I know how people like Michele...

    Tags: Parties and Movements, Fannie Mae, George W. Bush, Sarah Palin, Petroleum Industry

    6. May 2, 2013 |Story| Baltimore Sun

  6. Harbor Bankshares out from under regulatory enforcement orders

    The Federal Reserve Board announced Thursday that it terminated an enforcement action against Baltimore-based Harbor Bankshares Corp.
    The Federal Reserve Board announced Thursday that it terminated an enforcement action against Baltimore-based Harbor Bankshares Corp. The Federal Reserve Bank of Richmond issued the action in July 2010, reaching an agreement with the holding company...

    Tags: Finance, Real Estate, Realty, Central Bank, Federal Deposit Insurance Corporation

    7. Apr 24, 2013 |Story| Baltimore Sun

  7. The economic elephant in the room: widening inequality

    Four years into a so-called recovery, and we're still below recession levels in every important respect except the stock market.
    Four years into a so-called recovery, and we're still below recession levels in every important respect except the stock market. A measly 88,000 jobs were created in March, and total employment remains some 3 million below its pre-recession level....

    Tags: Finance, Recipes, Economy, George W. Bush, Social Security

    8. Apr 21, 2013 |Column| Baltimore Sun

  8. Did we learn anything from the subprime loan crisis?

    A dangerous confluence of recent business stories have been attention grabbers. First, the Obama administration announced an initiative to ensure more home loans for those with weak credit. Then, a number of prominent economists issued forecasts reflecting a slowing economy over the next several quarters.
    A dangerous confluence of recent business stories have been attention grabbers. First, the Obama administration announced an initiative to ensure more home loans for those with weak credit. Then, a number of prominent economists issued forecasts...

    Tags: Mortgages, Civil Rights, Robert L. Ehrlich Jr., Investments, U.S. Congress

    9. Apr 15, 2013 |Story| Baltimore Sun

  9. Obama budget will lead to disaster

    In response to your editorial "Put up or shut up" (April 11), I just have one question: What part of economics don't you understand?
    In response to your editorial "Put up or shut up" (April 11), I just have one question: What part of economics don't you understand? You mention that the president wants to "reduce deficits to a manageable size." Yet in his budget he proposes growing...

    Tags: Economic Indicator, Gross Domestic Product, Barack Obama, George W. Bush, Budgets and Budgeting

    10. Mar 31, 2013 |Column| Baltimore Sun

  10. On student loans, Hugo Chavez and Joe Flacco's taxes

    Remember when President Barack Obama stuck a federal takeover of the student loan program into the "Affordable Care Act," AKA "Obamacare"?
    Remember when President Barack Obama stuck a federal takeover of the student loan program into the "Affordable Care Act," AKA "Obamacare"? The dirty deed was accompanied by a promise that federal control would save taxpayer money and cut off all the...

    Tags: Temporary Assistance for Needy Families, Dallas Cowboys, Joe Flacco, Patient Protection and Affordable Care Act, Football

    11. Mar 29, 2013 |Story| Baltimore Sun

  11. Maryland adds 10,500 jobs in February

    Maryland employers punched the accelerator on job creation in February, adding 10,500 positions and bringing the state much closer to recovering its recessionary losses five years after they began.
    Maryland employers punched the accelerator on job creation in February, adding 10,500 positions and bringing the state much closer to recovering its recessionary losses five years after they began. The job growth estimates released Friday by the U.S....

    Tags: Business, Layoffs and Downsizing, Labor Markets, Washington, DC, U.S. Department of Labor

    12. Mar 28, 2013 |Story| Baltimore Sun

  12. America lags on plain speech

    The Internet is changing how leaders talk. Leaders from Rome to Beijing and beyond are helping usher in a new era of plain speaking. But American leaders are lagging behind, stuck in old patterns of windy and obfuscatory speech.
    The Internet is changing how leaders talk. Leaders from Rome to Beijing and beyond are helping usher in a new era of plain speaking. But American leaders are lagging behind, stuck in old patterns of windy and obfuscatory speech. Around the globe, what's...

    Tags: Social Media, Media Industry, Budget Control Act of 2011, Barack Obama, Layoffs and Downsizing

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Federal Reserve Photos
William C. Dudley, president and chief executive of the...
(May 22, 2013)
NY Fed President William Dudley
Ben S. Bernanke, chairman of the Federal Reserve, await...
(May 22, 2013)
Ben S. Bernanke
Jeffrey Lacker, president of the Federal Reserve Bank o...
(May 15, 2013)
Jeffrey Lacker
 » All 137 Federal Reserve photos