Political Capital

Posts tagged: stimulus

Job seekers at a job fair in New York on Jan. 16, 2014.

Photograph by Victor J. Blue/Bloomberg

Job seekers at a job fair in New York on Jan. 16, 2014.

Brookings Papers Turn Conventional Wisdom on Its Head

As The Brookings Institution holds its Spring 2014 Papers on Economic Activity conference, a summary of some interesting findings: One in three American households live hand-to-mouth, spending every disposable penny they make. Two-thirds of them aren’t poor, a paper by...

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Morning commuters wait to cross a street in front of Tokyo Station in on June 26, 2013.

Photograph by Noriyuki Aida/Bloomberg

Morning commuters wait to cross a street in front of Tokyo Station in on June 26, 2013.

N.Y. Fed’s Dudley: U.S. Needs Bold Policy to Avoid Japan’s Trap

Written with Joshua Zumbrun. William C. Dudley, stimulus-backing president of the Federal Reserve Bank of New York, says the economy is healing yet still needs bold action to avoid falling into a trap like Japan’s — and that it also...

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Charles Evans, president and chief executive officer of the Federal Reserve Bank of Chicago.

Photograph by Jonathan Alcorn/Bloomberg

Charles Evans, president and chief executive officer of the Federal Reserve Bank of Chicago.

Evans to Fed Skeptics: QE Working

With characteristic vigor, Federal Reserve Bank of Chicago President Charles Evans had a message today for skeptics of the central bank’s unprecedented stimulus measures known as quantitative easing. From auto loans to mortgages and employment, all signs are pointing to...

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Secretary of Treasury Timothy Geithner arrives at the Capitol for meeting with congressional leaders on Nov. 29, 2012.

Photograph by Alex Wong/Getty Images

Secretary of Treasury Timothy Geithner arrives at the Capitol for meeting with congressional leaders on Nov. 29, 2012.

Geithner: Republicans Cede Debt Lever

This is Treasury Secretary Tim Geithner’s last day at work, and he is leaving with an exit interview snared by Politico in which the veteran warrior of the fiscal cliff wars suggests Republicans have ceded the debt ceiling as a...

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Ben S. Bernanke, chairman of the U.S. Federal Reserve.

Photograph by Andrew Harrer/Bloomberg

Ben S. Bernanke, chairman of the U.S. Federal Reserve.

Bernanke Unhappy Mortgage Rates Aren’t Even Lower

By Caroline Salas Gage, Jody Shenn and Heather Perlberg Record-low mortgage rates aren’t cheap enough for Federal Reserve Chairman Ben S. Bernanke. Bloomberg reports that the Fed is buying $45 billion of Treasuries and $40 billion of mortgage-backed securities each...

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Construction workers at a highway road project funded by the American Recovery and Reinvestment Act in Columbus, Ohio, on June 18, 2010.

Photograph by Charles Dharapak/AP Photo

Construction workers at a highway road project funded by the American Recovery and Reinvestment Act in Columbus, Ohio, on June 18, 2010.

Stimulus: No Longer a `Dirty Word?’

Stimulus is no longer taboo at the White House. President Barack Obama, who has refrained from using the term “stimulus” all year, let it slip three times in that off-the-record interview with the Des Moines Register. Under pressure, the White...

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