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By Craig Torres, Josh Zumbrun and Caroline Salas Gage, Bloomberg |
February 26, 2013
Federal Reserve Chairman Ben S. Bernanke’s efforts to rescue the economy could result in more than a half trillion dollars of paper losses on the central bank’s books if interest rates rise abruptly from recent levels.
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By Stephen Kirkland and Leslie Picker, Bloomberg |
February 21, 2013
Global stocks tumbled the most since November and commodities fell as a report signaled the euro- area’s economy contracted more than forecast and concern grew that the U.S. Federal Reserve may slow the pace of stimulus.
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By Steve Matthews and Joshua Zumbrun, Bloomberg |
February 21, 2013
Federal Reserve Bank of St. Louis President James Bullard said U.S. unemployment may drop to 6.5% by the middle of next year and prompt the central bank to raise its benchmark interest rate from near zero.
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By Joshua Zumbrun, Bloomberg |
February 20, 2013
Several Federal Reserve policy makers said the central bank should be ready to vary the pace of their $85 billion in monthly bond purchases amid a debate over the risks and benefits of further quantitative easing.
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By Steve Matthews, Bloomberg |
February 14, 2013
Federal Reserve Bank of St. Louis President James Bullard said central bank stimulus has been ramped up this year with the decision to increase outright bond purchases to $85 billion a month and that a growing balance sheet could be complicated to unwind.
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By Steve Matthews, Bloomberg |
February 13, 2013
Federal Reserve Bank of St. Louis President James Bullard said signs of more stability in U.S. fiscal policy, the housing market and the global economy will probably help fuel economic growth in 2013.
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By Justin Pugsley |
February 13, 2013
At some point central banks will probably give up on QE, reasoning that the balance of risks outweighs positive outcomes. Until policy makers come to that conclusion, there's still a bullish case to be made for gold.
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By Joshua Zumbrun and Jeff Kearns, Bloomberg |
January 25, 2013
Federal Reserve Chairman Ben S. Bernanke’s unprecedented bond buying pushed the Fed’s balance sheet to a record $3 trillion as he shows no sign of softening his effort to bring down 7.8 percent unemployment.
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By Joshua Zumbrun and Aki Ito, Bloomberg |
January 16, 2013
The U.S. economy picked up across much of the country last month, boosted by auto and home sales, even as the outlook for unemployment showed few signs of improvement, the Federal Reserve said.
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By Phil Flynn |
January 15, 2013
Chicago Fed President Charles Evans and cold weather boosted the petroleum markets. The sector is being led by European gas oil which is driving heating oil higher.
