The Federal Reserve has been aiming all it can to keep the economy going. If you have been following Fed policy for years it is fairly amazing to watch. That ... Read Full Story »
Jeffrey Lacker, President of the Richmond Federal Reserve Bank, has commented on his dissenting vote in a statement issued by the Richmond Fed this morning. Lacker is growing concerned that ... Read Full Story »
FOMC Chairman Ben Bernanke is speaking Monday to the Economic Club of Indiana in Indianapolis with his speech titled "Five Questions about the Federal Reserve and Monetary Policy." As far ... Read Full Story »
Gold had hit yet a new six-month high of $1,779.10 per ounce in early bird trading today after the Bank of Japan decided to ease via an expanded asset purchase ... Read Full Story »
In remarks this morning in Ann Arbor, Michigan, Chicago Federal Reserve President Charles Evans offered a strong endorsement of last week’s FOMC decision to begin a third round of quantitative ... Read Full Story »
William C. Dudley, President and Chief Executive Officer of the New York Federal Reserve, was speaking today. Unlike other critical voices of QE3 from Dall Fed President Fisher today and ... Read Full Story »
Another Federal Reserve president is talking against the notion of more and more quantitative easing. This morning's appearance by Dallas Fed President Richard Fisher on CNBC was out talking against this ... Read Full Story »
Banks are back in favor. The most recently announced round of quantitative easing via mortgage-backed securities purchases from the Federal Reserve follows a ratings action earlier this year in which Moody’s ... Read Full Story »
The European Central Bank's outlook was hardly given notice as the world was focused on Ben Bernanke and the FOMC's new round of quantitative easing. The ECB is on the way ... Read Full Story »
At the core of the Federal Reserve evaluation of the economy as it embarks on QE3 sits its forecast for job creation. The "central tendency" figures in the forecast from the ... Read Full Story »
The eurozone bailout approval and the coming announcement (or continued hint) of additional quantitative easing from the FOMC is not adding to the banks at the current time. We saw a ... Read Full Story »
Updated throughout the day on the 24/7 Wall St. Wire: New York State investigates tax practices at private equity firms. (WSJ) Bernanke will not push for QE3 until the end ... Read Full Story »
The guessing about the August jobs numbers will be amplified as Friday's announcement approaches. Some analysts believe that the figures will prove that the U.S. rate of GDP growth has moved to ... Read Full Story »
The focus of the markets today will be Ben Bernanke's speech at a banker's conference in Jackson Hole. Investors have held their breath for days in anticipation. The waiting also ... Read Full Story »
HSBC released its preliminary reading of China's August PMI. The figure was 47.8, which is a nine-month low. The reading was below July's 49.3. A number under 50 means the ... Read Full Story »