Authored by Chris Martenson via PeakProsperity.com, Perhaps I should start with a disclaimer of sorts. Yes, I realize that the people working at the Federal Reserve, as well as the other central banks around the world, are just people. Show More Summary
Federal Reserve officials expected at their policy meeting this month that it would "soon be appropriate" to raise short-term interest rates, a signal the U.S. central bank could move in June at its next gathering. The Fed also moved...Show More Summary
Evolution, Not Revolution: Payments Are Undergoing Changes in the United States Dan Littman, Tasia Hane-Devore Federal Reserve Bank of Cleveland, 05.24.17 In payments, the term “revolutionary” has surfaced frequently in recent years, reflecting the penetration of personal computers, tablets, and mobile phones into banking. Show More Summary
It has been been almost nine years since The Federal Reserve launched their massive intervention in capital markets. The post Pension Paralysis: 11 of 15 Counties That Are The WORST Funded Public Pensions Are In California (But Illinois Is The Most Underfunded) was originally published at The Wall Street Examiner. Follow the money!
World stocks hit record highs on Thursday and the dollar dipped after the U.S. Federal Reserve signaled caution in raising interest rates, while oil fell after top producers extended output cuts for shorter than some in markets had expected. The S&P 500 and Nasdaq rose to new highs in early trading. Show More Summary
From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for April 2017. Over the past three months, the indexes increased in 46 states and decreased in four, for a three-month diffusion index of 84. Show More Summary
From the Kansas City Fed: Tenth District Manufacturing Activity Expanded ModestlyThe Federal Reserve Bank of Kansas City released the May Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal...Show More Summary
Minutes from the Federal Reserve's May 2-3 meeting showed that policymakers anticipate a rate hike soon, possibly in the central bank meeting next month. At the same time, by agreeing to shrink the balance sheet gradually over a number...Show More Summary
The Kansas City Federal Reserve Bank said that manufacturing activity expanded for the sixth straight month even as it pulled back once again from March’s six-year high. The composite index... The post Kansas City Fed: Manufacturing Activity Expanded for the Sixth Straight Month, up Modestly in May appeared first on Shopfloor.
Tim Duy: Fed Not Ready To Change Course, by Tim Duy: The minutes of the May Federal Reserve meeting reveal central bankers remained poised to raise interest rates again in June: With respect to the economic outlook and its implications...
Most world stock markets rose Thursday as investors assessed the Federal Reserve's latest meeting minutes, while crude oil's rally fizzled out ahead of an OPEC meeting on production. KEEPING SCORE: … Click to Continue »
President Donald Trump's newly proposed budget calls for selling over half of the nation's Strategic Petroleum Reserve ( SPR ), the 687 million barrels of federally owned oil stockpiled in Texas and Louisiana as an emergency energy supply. While...Show More Summary
NEW YORK, May 24 (Reuters) - U.S. stocks ended up slightly on Wednesday, with the S&P 500 hitting a record high close, after minutes of the Federal Reserve's latest meeting showed policymakers view a rate hike coming soon. Read more... Permalink | Email this | Linking Blogs | Comments
There's really only one thing to wonder about now that Moody's has downgraded China's credit rating, and that's what it means for Janet Yellen and the Federal Reserve. First, a refresher in case this is how you're getting the news. For the first time since 1989, Moody's — a debt ratings agency — downgraded China's credit rating from A1 from Aa3. Show More Summary
Stocks ticked up slightly after the release of the Federal Reserve's May minutes, but remained close to their starting levels on Wednesday. Treasury yields took a turn into negative territory following the release of the minutes andShow More Summary
In the minutes from its May policy meeting, the Federal Reserve's Board of Governors warned the auto glut could get worse. According to the Fed, "Automakers' assembly schedules suggested that motor vehicle production would increase in...Show More Summary
Members of Congress are asking the federal government to review the progress of years of cleanup work at the Hanford Nuclear Reservation, in light of the partial collapse of a … Click to Continue »
Stocks crept higher ahead the afternoon release of Federal Reserve minutes, an insight into the central bank's thinking before its next meeting in June. Video provided by TheStreet
Most Federal Reserve officials judged “it would soon be appropriate” to tighten monetary policy again and backed a plan that would gradually shrink their $4.5 trillion balance... To view the full story, click the title link.
The late economist John Kenneth Galbraith famously stated economic forecasting was invented to make astrology look respectable. The Federal Reserve seems bent on proving Galbraith right, this time when it comes to guidance about what...Show More Summary