The premise of this book is that Western countries are ultimately controlled by a group of private banks, which, according to the book, runs their central banks. This book uses the claim that the Federal Reserve is a private body to support its role. Show More Summary
By Ingrid Melander PARIS (Reuters) - After the surprises from central banks which rocked markets at the start of the year, the U.S. Federal Reserve will be watched as closely as ever this week to see that it doesn't stray from its own policy path. Show More Summary
By Caroline Valetkevitch NEW YORK (Reuters) - The Federal Reserve could be key for Wall Street next week as investors get to hear from the U.S. central bank for the first time since a series of moves by its global peers, including the European Central Bank's massive stimulus plan. Show More Summary
The first Federal Reserve policy meeting of 2015 headlines a busy roster of economic events, including the first look at fourth-quarter growth. Here are five things to watch.
New research from the Federal Reserve Bank of Philadelphia argues that it’s possible for the economics profession to do better.
In Davos, former Treasury Secretary and would-be Federal Reserve Chairman Larry Summers warns the U.S. central bank to put off any increases to short term interest rates, citing deflation and secular stagnation as...
Mayor Bill de Blasio defended state Assembly Speaker Sheldon Silver against federal corruption charges, while other officials, including Gov. Andrew Cuomo, reserved judgment. The charges include... To view the full story, click the title link.
Authored by Tadashi Nakamae of Nakamae International Economic Research, Perhaps economic policymakers, including Federal Reserve Chair Janet Yellen and the Bank for International Settlements, should take a closer look at Japan, China,...Show More Summary
Submitted by Lance Roberts via STA Wealth Management, The biggest worry of the Federal Reserve, and frankly every Central Banker on the planet, is deflation. The reason is that deflation, as an economic pressure, is dangerous and once entrenched becomes difficult to break. Show More Summary
More on the ECB from Neil Irwin at the NY Times: Mario Draghi’s Bombshell Is Europe’s Last, Best Hope to Return to GrowthAt first glance, Mr. Draghi’s plan emulates the Federal Reserve’s QE3 program: the third round of quantitative easing,...Show More Summary
By Howard Schneider and Michael Flaherty WASHINGTON (Reuters) - Federal Reserve policymakers, already struggling to assure investors that they remain on track for a mid-year interest rate rise, will find the task has just become harder with their peers in Europe and elsewhere headed in the opposite direction. Show More Summary
What’s more, Mike Corbat has some other goodies for his shareholders in the works as well. Morgan Stanley’s Betsy Graseck says the bank is “well positioned” for the Federal Reserve’s stress tests this spring. She estimates that Citigroup...Show More Summary
Paul Singer has not been shy about expressing his feelings about the Federal Reserve. In effect, the hedge-fund billionaire’s argument is that quantitative easing is the root of all evil in the world and must be stopped. Well, even though...Show More Summary
The Kansas City Federal Reserve Bank said that manufacturing activity slowed in January, beginning the new year on a softerRead the Rest...
Despite the ECB unveiling a huge 1.08 trillion EUR (60 billion EUR per month for 18 months) bond buying program today, Fed Fund futures are mostly unchanged, predicting an interest rate hike from the Federal Reserve next November. Based...Show More Summary
The Swiss National Bank, Reserve Bank of India, Danish National Bank, Bank of Canada, ECB and Federal Reserve have all recently made decisions which contributed to increased market turmoil. Volatility is on the increase in 2015 and the...Show More Summary
Tim Duy: Policy Divergence, by Tim Duy: Increasingly, the Federal Reserve stands in stark contrast with its global counterparts. While the ECB readys its own foray into quantitative easing, the Bank of England shifted to a more dovish internal position,...
The U.S. Supreme Court declined to hear an appeal by retailers seeking to force the Federal Reserve to impose lower fees on the more than $1.4 trillion in debit card transactions processed by Visa and MasterCard and big banks.
Widespread manipulation of key benchmark interest rates such as the London Interbank Offered Rate threatens public confidence in the financial system, and must be prevented through fines and criminal prosecution, Federal Reserve Gov. Jerome Powell said Tuesday.
WASHINGTON (Reuters) - The Federal Reserve is looking at ways to encourage banks to implement proper pay incentives to avoid some of the bad behavior the industry has displayed over the last several years, a top Fed official said on Tuesday. Show More Summary