The Republican Congress decided to make overhauling the Social Security disability program one of its first orders of business. On the first day of the new session it put in place a rule change that would make it difficult to address...Show More Summary
Allan Landon, President Barack Obama's nominee for an open seat on the Federal Reserve's Board, has personal assets worth between $9.7 million and $41 million, according to financial disclosure forms filed with the U.S. Office of Government Ethics.
Texas manufacturers have been hurt by lower petroleum prices. The Dallas Federal Reserve Bank said that manufacturing activity contracted inRead the Rest...
The U.S. Federal Reserve has issued “Strategies for Improving the U.S. Payment System,” calling it "a multi-faceted plan for collaborating with payment system stakeholders including large and small businesses, emerging payments firms,...Show More Summary
The January report on manufacturing from the Dallas Federal Reserve is set for release at the bottom of the hour. Expectations are for the composite index to come in at 3.0, down from 4.1 in December. The main thing to focus on in this...Show More Summary
MONDAY Bank of Israel releases a policy statement TUESDAY National Bank of Hungary releases a policy statement Federal Reserve begins a two-day policy meeting in Washington
Submitted by Charles Hugh-Smith of OfTwoMinds blog, The policy of safeguarding Boomer benefits with asset bubbles will lead to the destruction of the unprepared, the unwary and those who foolishly trusted our "leadership" and central bank to tell them the truth. Show More Summary
It is poised to be one of the busiest weeks of the year at the back of big economic data presentations as well as companies tabling quarterly earnings reports. The US Federal Reserve is to table a policy statement on Wednesday that is set to have a big impact on how financial markets move, throughout […]
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