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Bernanke: current hedge fund system OK
Apr 11 2007 5:16PM (CT)
WASHINGTON (AP) - The current market-based system is the best way to regulate the trillion-dollar hedge fund industry although improvements can be made, Federal Reserve Chairman Ben Bernanke said Wednesday.
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Fed focused on inflation in March
Apr 11 2007 3:46PM (CT)
WASHINGTON (AP) - Federal Reserve policymakers were unanimous in the view last month that inflation, not economic weakness, was their major worry.
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Federal deficit down from last year
Apr 11 2007 1:09PM (CT)
WASHINGTON (AP) - The federal budget deficit is running at a lower rate through the first six months of this budget year even though spending in March hit an all-time high.
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