To Buy Bonds or Not to Buy: Fed Hawks, Doves Air Views (WSJ) The presidents of the Dallas, Richmond and Philadelphia Federal Reserve banks, long skeptics of the wisdom of the bond buying, said this week that they would like to see the purchases scaled back immediately. Show More Summary
The US Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering.. ||| New York - The US Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and...Show More Summary
By Bishop Research and Analytics: An enormous amount of debate is currently occurring among financial market participants and central bank observers regarding the possible methods the Federal Reserve may pursue in an attempt to extricate itself from the ongoing quantitative easing policy of purchasing $85 billion a month in debt securities. Show More Summary
NEW YORK (Reuters) - The U.S. Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering at the Canadian bank's Chicago branch.
The economy is showing signs of fumbling the recovery. Even though a Federal Reserve official is suggesting that the central bank may be feeling comfortable enough to ease the bond-buying stimulus that the Fed has been providing as early as this summer, we’re not exactly out of the woods just yet. The financial data issued [...]
Editor’s Note: This is a recap of yesterday’s events. On a day when the market slumped slightly because of news from the president of the Federal Reserve Bank of San Francisco, and some poor housing and job numbers, Bank of America Corp (NYSE:BAC) joined the party, ending the day down a little less than 1%. This happened, [...]
The economy is showing signs of fumbling the recovery. Even though a Federal Reserve official is suggesting that the central bank may be feeling comfortable enough to ease the bond-buying stimulus that the Fed has been providing as early...Show More Summary
ByDamir Tokic: Federal Reserve Bank of New York on May 8, released the study: Are Stocks Cheap? Review of Evidence, in which it finds that the current equity premium is at historic high levels. The media have been quick in drawing the conclusion that stocks have never been cheaper. Show More Summary
US stocks fell on Thursday, with the downturn accelerating late in the day after a Federal Reserve official said the central bank could begin easing up on its monetary stimulus. ||| New York - United States stocks fell on Thursday, with...Show More Summary
Japanese shares slipped and Asian equities were broadly steady on Friday after a US Federal Reserve official said the central bank may begin to taper its asset buying. ||| Singapore - Japanese shares slipped and Asian equities were broadly...Show More Summary
SINGAPORE (Reuters) - The dollar held firm near a 10-month high versus a basket of currencies on Friday after a U.S. Federal Reserve official said the central bank may begin to taper its asset buying this summer, while Asian shares were mixed.
From the WSJ: To Buy Bonds or Not to Buy: Fed Hawks, Doves Air Views The presidents of the Dallas, Richmond and Philadelphia Federal Reserve banks, long skeptics of the wisdom of the bond buying, said this week that they would like to...Show More Summary
On a day when the market slumped slightly because of news from the president of the Federal Reserve Bank of San Francisco, and some poor housing and job numbers, Bank of America joined the party, ending the day down a little less than 1%. Show More Summary
By The Federal Reserve Bank of Atlanta: By Mike Bryan, vice president and senior economist; Brent Meyer, economist; and Nicholas Parker, senior economic research analyst, all in the Atlanta Fed’s research department The Atlanta Fed’s May survey of businesses showed little overall concern about near-term inflation. Show More Summary
The leader of the Federal Reserve Bank of San Francisco is open to cutting the central bank's bond-buying program at some point over the next few months, provided the economy continues to grow.
By Markos Kaminis (Wall St. Greek): The old Sinatra song goes, "If I can make it there, I'll make it anywhere," but the latest data from the New York Federal Reserve Bank indicates manufacturers in the New York state area are not cutting it lately. Show More Summary
This morning, Eric Rosengren, chief executive of the Boston Federal Reserve, cautioned lawmakers against further fiscal retrenchment, lest they slow the recovery. As he said at the Global Interdependence Center’s Central Banking Conference in Italy: “Given the economic realities I … Continue reading ?
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% (1.8% annualized rate) in April. The 16% trimmed-mean Consumer Price Index increased 0.1% (1.0% annualized rate) during the month. Show More Summary
The Federal Reserve Bank of Philadelphia’s Business Outlook Survey contracted again in May, declining for the first time since February.Read the Rest...
The economy would benefit much more from the Federal Reserve's aggressive monetary policy actions if not for the significant headwinds being created by government taxation and spending policies, a central bank official said Thursday. The...Show More Summary