By Noel Randewich SAN FRANCISCO (Reuters) - A quartet of technology heavyweights will be part of an avalanche of quarterly corporate earnings reports next week that, along with a meeting of Federal Reserve policymakers, could hold the key to whether Wall Street extends its record-breaking rally or loses steam. Show More Summary
Submitted by Samuel Bryan via SchiffGold.com, Earlier this year, Peter Schiff picked up on something few reported on when a former Federal Reserve president admitted the central bank created a phony wealth effect by pumping up stocks and other asset markets through its monetary policy. Show More Summary
Even steakhouses are getting hurt by the oil crash. Texas holds some of the richest shale plays in the US, and it has been one of the places most affected by the downturn in crude-oil prices. The Dallas Federal Reserve's monthly manufacturing...Show More Summary
Narayana Kocherlakota: Yellen Needs to Make More Speeches: What does the U.S. Federal Reserve think about the repercussions of Britain's vote to leave the European Union? Amazingly, we still don’t really know... Fed officials give a lot of speeches, and...
A respected economist argues that the Federal Reserve could have saved the financial firm from its chaotic collapse eight years ago.
By Sumanta Dey and Deepti Govind (Reuters) - The U.S. Federal Reserve will wait until the fourth quarter before raising interest rates, likely in December after the presidential election, according to a Reuters poll which once again showed subdued inflation expectations. Show More Summary
The Federal Reserve Bank of Philadelphia said that manufacturing sentiment in July contracted for the third time in the past four months (or the ninth time in the past 11...
The Philadelphia Federal Reserve will release its regional business outlook for July at 8:30 a.m. ET. Economists forecast that the headline manufacturing index dipped to 4.5 from 4.7, according to Bloomberg. It would be the fourth time...Show More Summary
The Wall Street Journal reports Fed officials are once again signaling their desire to raise interest rates: Federal Reserve officials are looking more confidently toward an interest-rate increase before year-end, possibly as early as...Show More Summary
The US dollar’s recent gains in currency trading reflect the lingering downward pressures on US manufacturing and corporate profits; however, the FX risks are not seen as such by the Federal Reserve and the US Treasury – yet.
Narayana Kocherlakota: Don't Try This Crazy Trick on the Economy: Some economists argue that the Federal Reserve should take a highly unconventional approach to ending a long period of below-target inflation: Instead of keeping interest rates low to spur economic...
Don't look for a rise in U.S. interest rates until 2018, Morgan Stanley strategists said on Monday as they released their latest outlook. The Federal Reserve won't be able to hike rates this year or next year because U.S. economic growth will let down the bulls, according to these strategists. Show More Summary
While the words "Federal Reserve" can be found nowhere in the 2008 version of the Republican Party platform, the year they were all happy to pretend Ron Paul hadn't run for president, his second-place delegate showing and general rise...Show More Summary
`` In the space of a mere eight years, the former Federal Reserve chief has managed to achieve what Vladimir could barely conceive. He's convinced the United States of America, the United Kingdom, Japan and Europe to embark on a revolutionary journey to completely subvert free market instincts... But even Lenin realised there were limits to revolutionary activity.''
NEW YORK (Reuters) - The U.S. Federal Reserve on Friday awarded $41.16 billion of three-day, fixed-rate reverse repurchase agreements to 29 bidders at an interest rate of 0.25 percent, the New York Fed said on its website. On Thursday,...Show More Summary
The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning:According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% (2.2% annualized rate) in June. The 16% trimmed-mean Consumer Price Index also rose 0.2% (1.9% annualized rate) during the month. Show More Summary
Industrial production rose 0.6% in June, more than expected, according to the Federal Reserve. Capacity utilization increased to 75.4% from 74.9%. Robust auto production lifted the consumer durables category, as the output of consumer energy products also jumped. Manufacturing output rose 0.4% in June. Show More Summary
SAN FRANCISCO (Reuters) - Federal Reserve policymakers appear to be in no hurry to raise U.S. interest rates despite signs that the U.S. economy is near full employment, with two more top Fed officials expressing that view on Thursday. Show More Summary
ST. LOUIS (Reuters) - A coherent, economically-oriented immigration policy would benefit the U.S. economy greatly and could lift it from the slow-growth rut in which it is currently stuck, a top Federal Reserve official said on Thursday. Show More Summary
Reports from the twelve Federal Reserve Districts indicate that economic activity continued to expand at a modest pace across most regions from mid-May through the end of June. READ MORE www.metrointel.com