Federal Reserve Chair Janet Yellen, who has been in the hot seat over the central bank's interest-rate policy, now has another headache: Wells Fargo. Yellen is likely to face sharp … Click to Continue »
As widely expected, the U.S. Federal Reserve left interest rates unchanged at its September FOMC meeting. The post The Next Stock Market Crash Could Be Caused by the Fed was originally published at The Wall Street Examiner. Follow the money!
The Richmond Federal Reserve Bank said that manufacturing activity in its district remained weak in September. The composite index of general business activity increased from -11 in August to -8...
FILE - In this Friday, May 27, 2016, file photo, Federal Reserve Chair Janet Yellen speaks while being interviewed as part of a conversation at a Radcliffe Day event at Harvard University in Cambridge, Mass. On Wednesday, Sept. 21, 2016, the Federal Reserve issues a statement and updates its economic [...]
The Federal Reserve Bank of San Francisco has released a simulator that challenges you to be the Chair of the Federal Reserve and "achieve full employment and low inflation." (more…)
Under former chairman Ben Bernanke and current chairwoman Janet Yellen, the Fed has attracted controversy by pegging the short-term interest rate it controls to nearly zero for seven years. After one increase in December, it is still...Show More Summary
Republican presidential candidate Donald Trump lashed out at the Federal Reserve in Monday’s debate. The U.S. central bank, which operates independently, sets target interest rates and is a crucial financial regulator. Trump said the...Show More Summary
About a third of the way through Monday's debate, Donald Trump had some harsh thoughts about the current state of the Federal Reserve. Trump...
Republican presidential candidate Donald Trump is going after Janet Yellen again, claiming that the Fed is creating an investment bubble. During the first presidential debate, Trump claimed that the economy is having "it's worst recovery...Show More Summary
Authored by Michael Lebowitz via 720Global.com, It has been eight years since the great financial crisis of 2008, and the Federal Reserve (Fed) is still maintaining an unprecedented level of accommodation in monetary policy. The Federal Funds rate has been pinned at or near zero since 2008. Show More Summary
The Federal Reserve continues to have anxiety over the state of the economy. Inflation, the enemy of those who require consumer goods, is not high enough and low unemployment is not a deterrent to low rates. The Richard Russell '2' shows the previous breakout on the Dow Industrials and the Transports in a range. Show More Summary
The QE Premium It has been eight years since the great financial crisis of 2008, and the Federal Reserve (Fed) is still maintaining an unprecedented level of accommodation in monetary policy. The post The QE Premium was originally published at The Wall Street Examiner. Follow the money!
Fed Chair Janet Yellen recently said that the Federal Reserve is "generally pleased" with the US economy. She did so at the same time she was noting for listeners that the Fed's median projection for the change in real GDP for both....
Former Federal Reserve Chair Ben Bernanke (L), and former Chair Paul Volcker look on during a panel discussion at the International House in New York on April 7, 2016. / AFP / POOL / Andrew Renneisen (Photo credit should read ANDREW RENNEISEN/AFP/Getty Images) Let’s look at the Fed’s (and other central [...]
The Dallas Federal Reserve Bank said that manufacturing activity in its Texas district improved in September, even as sentiment has now contracted for 21 straight months. The composite index of...
One of today’s greatest economic mysteries is why the demand for capital is so low. Weak demand for capital is the reason that the Federal Reserve’s policies are not stimulating the economy. We economists don’t fully understand it, but there’s a chance—not a certainty—of a turnaround next year.
The Dallas Federal Reserve will release the September results of its survey of manufacturing executives at 10:30 a.m. ET. Economists forecast that the index of activity will be negative, at -3. That would be an improvement from the reading of -6.2 reported in August. Show More Summary
On Wednesday, the Federal Reserve’s open market committee concluded its two-day meeting to set U.S. monetary policy. In a vote that divided the Board of Governors, appointed by the president and confirmed by the U.S. Senate in an open public process, and the presidents of the regional bank board presidents, chosen by boards dominated by banks […]
John Oliver tore into Wells Fargo bank on Sunday’s Last Week Tonight and blasted the giant corporation’s phony account scandal which has resulted in the resignation of CEO John Stumpf from the Federal Reserve board. “That’s right,” Oliver said. “Wells Fargo...
One of the major questions on investors' minds -- besides when the Federal Reserve will stop kicking the can down the road and who the next occupant of the White House will be -- is whether oil