Thu, Jul 11, 2013 4:48 PM EDT 1:07
The New York Fed said that The Federal Reserve provided no liquidity to foreign central banks in the latest week. Trulia, the online marketplace for buying and selling homes, has added a service that allows users to search specifically for real estate agents by location, name and company. The search engine leads to a list of local agents with pictures, recommendations and other information. The U.S. central bank's disclosure on June 19 of a rough route map for phasing out its unprecedented program of bond buying by the middle of 2014 drew a fiery reaction from global markets. Clearly startled, Bernanke and his fellow policymakers have been trying ever since to placate the monsters they awakened. That raises the question what they could have done differently to convey their message that a gradual end to asset purchases did not portend a prompt rise in borrowing costs.