Come Jun 28th, Wall Street outfits including the likes of Citigroup and Bank of America will be under siege -- from fake hackers, that is. Representatives from a total of 40 companies along with the Federal Reserve, Securities and Exchange...Show More Summary
Mortgage rates will change this week. With the Federal Reserve cause rates to sink? Will it cause rates to rise? Here's what coming next. Click for the complete post : Mortgage Rates : How To Handle Your Mortgage Rate Ahead Of This Week’s Federal Reserve Meeting.
WASHINGTON (Reuters) - President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot longer than he had originally planned.
``Hoenig staked out a reputation as a dissenting voice against the Federal Reserve's loose monetary policy in the immediate aftermath of the financial crisis when he was president of the Federal Reserve Bank of Kansas City. He's also...Show More Summary
LONDON (Reuters) - The dollar edged up against the yen and euro while European and Asian shares recouped a large slice of last week's losses on Monday, as investors pinned their hopes on a cautious tone from the U.S. Federal Reserve this week.
For years, the so-called “Mrs Watanabe” and her brigade of Japanese households sold the low-rate yen to buy higher interest-rate currencies, such as the Australian dollar. But with the U.S. Federal Reserve moving to end its easy money...Show More Summary
Earlier today, Robin Harding at the Financial Times released a market moving story of the Fed: Fed likely to signal tapering move is close Ben Bernanke is likely to signal that the US Federal Reserve is close to tapering down its $85bn-a-month...Show More Summary
Investors had been growing nervous that the Federal Reserve would soon begin tapering its bond-buying program and the days of free money would soon be over. But on the eve of a two-day Fed meeting, investors decided that the centralShow More Summary
By Markos Kaminis (Wall St. Greek): Annaly Capital (NLY) shares have been sliding since longer term rates started to move higher in early May. Rising rates were sparked by chatter about the Federal Reserve potentially shifting gears away from its expansionary efforts. Show More Summary
By Vlad Karpel: Two months ago, Morgan Stanley (MS) received the Federal Reserve's approval to finish buying Morgan Stanley Smith Barney, the retail brokerage that it jointly owns with Citigroup. Morgan Stanley already owns 65%. MS closed Monday's trading session at $26.21. Show More Summary
Markets upbeat ahead of Tuesday and Wednesday's Federal Reserve meeting
We're still two days away from finding out what the Federal Reserve has to say about the state of the economy and whether or not it plans to continue to support it through $85 billion in monthly bond purchases, but you wouldn't know that from the big rally on our hands today. It's not uncommon for a Monday to be light on economic data. Show More Summary
By Tim Duy: This week's FOMC meeting is shaping up to be quite the event. Not for the actually policy result itself, which is widely expected to be unchanged, but for the subsequent press conference with Federal Reserve Chairman Ben Bernanke. Show More Summary
Raskin starts at 3:30 Federal Reserve Governor Sarah Bloom Raskin: I became interested in this question of quality somewhat by accident. I did something atypical one day. I decided on my way into work I would stop at a jobs fair. There was a jobs fair at a local community college close to my home...Read More
Getty Images NEW YORK - Stocks are closing higher as traders hope that the Federal Reserve will decide to continue its economic stimulus program when it meets this week. The Standard & Poor's 500 index climbed 12 points, or 0.8 percent, to close at 1,639 Monday. Show More Summary
There is great hubbub over a Federal Reserve meeting this week at which nobody is expecting any policy change to be announced. And the reasons why have more to do with the strange psychology of markets than any information we’re … Continue reading ?
The Federal Reserve hasn't even started its two-day policy meeting, and traders are already bidding up stocks on speculation that the central bank's easy-money policies will continue. Outside that, the only major data point for investors...Show More Summary
Blue-chip stocks are largely higher this afternoon on the heels of better-than-expected housing data and reduced anxiety over the outcome of the Federal Reserve's upcoming monetary-policy meeting. With roughly an hour left in the trading...Show More Summary
Why the Federal Reserve can't ignite inflation with the printing presses.
The Federal Reserve is pushing on a string. It seems that no matter how much money it prints, it just can't seem to get inflation going. Since the financial crisis began nearly five years ago, the central bank has expanded its balance sheet by $2.5 trillion. Show More Summary