Federal Reserve

The 15 Nations That Control the World’s Gold

As 2018 turned into 2019, the easy reflection would be that it was a wild ride in the global equity markets. The year 2018 turned out to be a pretty ...
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Fed Chairman Jerome Powell Moves from Hawkish to Patient on 2019 Rate Hikes

Wednesday marked one of the market days where the public was waiting to see what Federal Reserve Chairman Jerome Powell and his members of the Federal Open Market Committee (FOMC) ...
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Broad Fed Index Points Toward Further Economic Growth in December

The Chicago Fed National Activity Index (CFNAI) is not one of the larger market-moving releases each month, but it is a national economic reading rather than just a regional one. ...
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Is Wage Growth a Sign of Looming Inflation?

Last Friday, the U.S. Bureau of Labor Statistics reported that real (inflation-adjusted) average hourly earnings in the United States rose by 1.2% year over year in December. That may not ...
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Federal Reserve Payments to Treasury Decline With Balance Sheet Shrinking

The Federal Reserve announced on Thursday that it had sent payments of approximately $65.4 billion back to the U.S. Treasury from its estimated net income in 2018. The Federal Reserve ...
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Fed Chair Powell Finally Responds to Markets and Criticism

It is no secret that the Federal Reserve has continued to raise interest rates. What has been up for debate in recent months is whether the Fed wants to keep ...
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Energy Sector in the Doldrums: Dallas Fed

In its quarterly report on the energy industry, the Federal Reserve Bank of Dallas reported Thursday that energy sector growth slowed significantly in the fourth quarter of 2018. The bank's ...
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Philly Fed Continues Weaker Growth Trends, Identifies Price Hike Expectations for 2019

The Federal Reserve Bank of Philadelphia has reported that manufacturing activity in its region has continued to grow but at a subdued pace in December. Its December Manufacturing Business Outlook ...
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FOMC Verdict: A Less-Hawkish Jerome Powell Is Not Dovish

  Wednesday, December 18, 2018 was a day that could have marked a turning point for the Federal Reserve and Fed Chairman Jerome Powell in the quest to raise ...
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6 Most Important Things in Business Today

China's retail sales fell sharply. According to Reuters: A Chinese statistics bureau spokesman said the November data showed downward pressure on the economy is increasing. The data “means that the ...
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6 Most Important Things in Business Today

Car executive Carlos Ghosn finally has been charged. According to Reuters: Tokyo prosecutors officially charged ousted Nissan Motor chairman Carlos Ghosn on Monday for under-reporting his income and extended his ...
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Fed Chair Powell Finally Blinks — With a Third Fed Mandate?

It has been undeniable that the rise in interest rates, and more importantly the expected continued rise in rates ahead, has been creating a serious overhang in the financial markets. ...
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Why Q3 GDP Revision Soothed the Markets

The U.S. Department of Commerce has issued its first revision to third-quarter gross domestic product on Wednesday morning — with no real revision. The preliminary gain for GDP was maintained ...
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Plunging Oil Prices Already Biting Into Texas Manufacturing Growth, Creating More Uncertainty Ahead

The recent plunge in oil prices already appears to be taking a bite out of the Texas economic regional output. While the numbers are still indicative of growth, the Federal ...
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November FOMC Statement Points to Moderated Business Investment Growth

  The Federal Open Market Committee has released its statement on the decision on whether or not to raise interest rates. As expected, no rate hike was announced at this ...
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