Janet Yellen Clarifies Interest Rate Hike Timing in Speech
Yellen's take is that inflation is now much more stable than it used to be, and that inflation is currently running at a very low level.
Yellen's take is that inflation is now much more stable than it used to be, and that inflation is currently running at a very low level.
ThinkstockInvestors are looking for any clue and any hint that they can get about the economic expansion right now. Is there expansion, or are global Gross Domestic Product (GDP) figures starting to indicate flat…
ThinkstockThe Federal Reserve Bank of Kansas City has released its 10th district report on manufacturing activity. This is a September reading, and it does show continued weakness, but the good news is that the…
The Chicago Fed National Activity Index said that the August drop was led by declines in production-related indicators.
New orders for durable goods were not all that durable in August. The only good news here is that the drop was not as bad as economists had expected.
If women had the same role as men in the world's job markets, the improvement to the world's economy could be as much as $12 trillion.
ThinkstockAfter the decision was made by Janet Yellen and the Federal Reserve’s voting members of the Federal Open Market Committee (FOMC) to not raise interest rates in September, the financial markets have been volatile…
The Caixin Flash China PMI for September fell to 47.0 from 47.3 in August The number is the lowest it has been in 78 months.
State and local taxes continue to rise in America, as shown by a new feature report from the Census Bureau.
The Federal Reserve Bank of Richmond announced on Tuesday that manufacturing in the Fifth District slowed and went negative in the month of September.
It may not seem like much of a big deal to U.S. investors, but the Asian equities markets will have to trade without Japan leading off for the first three days of the week.
It turns out that by the Federal Reserve leaving interest rates alone at the zero interest rate policy created just that much more uncertainty. Janet Yellen even issued a third mandate, even if it…
ThinkstockJust as Europe’s major economies, led by Germany, have exited the recession with modest growth, France, the second largest nation in the region based on GDP was downgraded by Moody’s. The reason was extremely…
It may be hard to get excited about an August economic report a day after the Federal Reserve decided to hold interest rates at zero.
The reason that stocks are not reacting well to this otherwise positive decision could be that the market no longer trusts the Fed to control interest rates.