Here we go again...the Federal Reserve is still undecided as to whether or not it will begin raising interest rates this summer, citing an array of economic factors that will contribute to its final decision. According to the latest minutes released Wednesday from last month's … [Read more...]
Federal Reserve President Proposes Series of Bank Reforms
Richard Fisher, who is one of the most well-known members of the Federal Reserve, will be stepping down next month as president of the Dallas Fed after 10 years. He delivered his final speech to a New York audience Tuesday in which he called for a series of reforms for the century-old … [Read more...]
Fed May Signal Mid-year Rate Hike Despite Growing Doubts
A struggling labor market, falling oil prices, low inflation and less-than-stellar labor market. These may be reasons as to why a central bank in today's economic environment may refrain from raising interest rates, but the Federal Reserve may continue to hint that it's boosting rates … [Read more...]
Fed Warns Inflation Drop Could Delay Rate Hike in 2015
The general consensus on Wall Street is that the Federal Reserve will undoubtedly raise interest rates sometime in the middle of next year, citing an improving labor market and the Fed hitting its targeted inflation levels. However, due to a decline in oil prices, some economists and … [Read more...]
Fed President Not Ruling Out Another Round of Quantitative Easing
Last week, the markets essentially tanked. The S&P 500 retracted its year-to-date gains, the Treasury bonds had a flash crash, the Dow Jones collapsed a few hundred points, though it regained those losses Friday, and emerging markets hurt United States investors. It was bad news … [Read more...]
Fed Chair: ‘We have further to go to achieve a healthy economy’
How much longer will it take for the United States economy to fully recover from the financial crisis that occurred a few years ago? Well, there is no timeframe, but the U.S. central bank head said there is still a long way to go. The text of Federal Reserve Chair Janet Yellen’s … [Read more...]
Americans not heading to stocks amid low interest rates, Fed stimulus
Finance experts and market analysts are encouraging investors to put their money into the stock market as numerous stocks are hitting record highs. Wall Street is also pleased because the Federal Reserve will likely keep interest rates low for until at least until late 2015 and its … [Read more...]
Peter Schiff: Fed’s QE creating massive stock, real estate bubbles for 1%
It has long been argued since the beginning of the Federal Reserve’s quantitative easing program that bubbles are being formed and once they burst then the United States economy would be in worse shape than at the height of the Great Recession. Peter Schiff, president of Euro … [Read more...]
Jack Lew warns of looming bitcoin regulations
Speaking at the World Economic Forum in Davos, Switzerland last month, United States Treasury Secretary Jack Lew warned that regulations of bitcoin (BTC) could be instituted by the federal government soon. Lew argued that authorities cannot permit bitcoin to become a tool to fund … [Read more...]
Federal Reserve Economic Forecast Off-target
Low interest rates may be a bane to savers’ retirement plans, but they have been a blessing to home builders. As the Federal Reserve has continued its quantitative easing programs to keep interest rates near zero, single family home starts are expected to increase 25 percent in 2012 … [Read more...]
