Fed’s bond-buying pushes assets to record $3 trillion

Posted: January 26, 2013 at 3:13 a.m.

Federal Reserve Chairman Ben Bernanke’s unprecedented bond-buying pushed the Fed’s balance sheet to a record $3 trillion as he shows no sign of softening his effort to bring down 7.8 percent unemployment.

This story is only available from our archives.

Business, Pages 31 on 01/26/2013


« Previous Story

Europe’s economy gauged as frail

U.S. economist Barry Eichengreen warned Friday that the debt crisis that has shaken Europe could easily erupt again this year unless European leaders move faster to solve t... Read »

Next Story »

Halliburton profit dips but beats expectation...

The Halliburton Co. booth is seen at the DUG Eagle Ford Conference & Exhibition in San Antonio in October. Halliburton said Friday that its fourth-quarter profit fell 26 percent.

Halliburton’s net income for the fourth quarter fell 26 percent because of a decline in North America, where d... Read »