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By Justin Pugsley |
May 17, 2013
Central banks saved the world with unconventional monetary policies such as quantitative easing, which at the very least stopped the banking system from collapsing, but according to the IMF it's a policy that might be approaching its sell-by date.
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By Phil Flynn |
May 13, 2013
The oil market got heavy as word of a possible story of a Fed exit, which started to permeate the trading floor on Friday. The other issue is oil going down to the Gulf Coast and whether our production boom will overwhelm the refineries.
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By Craig Torres, Bloomberg |
May 10, 2013
Federal Reserve Chairman Ben S. Bernanke said risks persist in wholesale funding markets used frequently by Wall Street brokers to finance securities trading.
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By Joshua Zumbrun, Bloomberg |
May 9, 2013
Federal Reserve Bank of Philadelphia President Charles Plosser said unemployment will probably fall to 7% at the end of 2013 and he would favor reducing the Fed’s $85 billion monthly pace of bond purchases next month.
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By Jeff Kearns, Bloomberg |
May 7, 2013
U.S. banks urged the Federal Reserve to take the lead in defending the financial services industry from cyber attacks by working with federal counterterrorism, intelligence and law enforcement agencies, documents show.
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By Joshua Zumbrun and Jeff Kearns, Bloomberg |
May 2, 2013
The Federal Reserve said it will keep buying bonds at a monthly pace of $85 billion while standing ready to raise or lower purchases as economic conditions evolve.
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By Phil Flynn |
May 2, 2013
The Energy Information Agency shocked the market by reporting that U.S. Crude supply increased by 6.7 million barrels putting supply at the highest level in 82 years. So much for that uptick in gasoline demand.
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By Press Release |
May 1, 2013
Following its latest meeting, the Federal Open Market Committee at the Federal Reserve moved to continue its quantitative easing program, but stressed the importance of watching the jobs market for growth.
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By Jamie Macrae |
May 1, 2013
Long gold holders were taken for a wild ride over the past couple of weeks, enduring one of the largest one day selloffs in history on April 15 as panic gripped the market.
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By Susanne Walker and David Goodman, Bloomberg |
May 1, 2013
Treasury 10-year yields traded at almost the lowest level this year and volatility slid to a record on bets the Federal Reserve will affirm its commitment to the pace of bond purchases to support growth.
