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  • Nothing to see here: Fed Chairman Yellen calls rising prices 'just noise'
    Nothing to see here: Fed Chairman Yellen calls rising prices 'just noise'
    The disconnect between the U.S. central bank and the general economy was put on center stage today as Federal Reserve Chairman Janet Yellen referred to a question on rising price inflation for food and energy at the June 18 FOMC meeting as '...
  • Ben Bernanke, Predsident of the U.S. Federal Reserve
    Risk-on dominates before FOMC release wednesday
    Morning CommentaryThings are relatively quiet on the news front this morning with investors positioning themselves ahead of this week’s FOMC decision, which will likely come alongside a cut to their 2013 growth projections.Sentiment is...
  • Home buyers
    Federal Reserve issues Open Market statement–bonds up, stocks down
    The Federal Reserve’s Open Market Committee announced today that economic activity was expanding at a moderate pace and the mortgage backed security market and stock market took the news as negative for the economy.According to the press...
  • Key Points from Bernanke's Jackson Hole Speech
    Key points from Bernanke's Jackson Hole speech
    Key Points from Chairman Bernanke's Speech1. The main point of this speech was to defend the past quantitative easing actions.2. There are possible actions - such as more quantitative easing - from the Fed if the economy is getting worse.3....
  • NYSE
    Retail sales and Federal Reserve send stocks flying on Tuesday
    All three major stock indices saw gains well beyond 1.5 percent on Tuesday, thanks to the Commerce Department and the Federal Reserve. Miami-based companies did nearly twice as well as the indices. Lennar (LEN) led the group, rocketing skyward by...
  • NYSE
    Stock market holds its breath on Monday
    The three major stock indices stayed within a tight range on Monday, as investors awaited the results of Tuesday’s meeting of the Federal Open Market Committee (FOMC). On the other hand, two of our four Miami-based companies –...
  • Federal Reserve more likely now to print money with new FOMC members
    Federal Reserve more likely now to print money with new FOMC members
    On January 1st, several members of the Federal Reserve's Federal Open Market Committee (FOMC) were replaced with new representatives, and the direction of the board is now more likely to facilitate money printing in the economy than previous...
  • FOMC
    FOMC Minutes Leaked - US Recovery, MF Global, QE3-Easing
    The FOMC Minutes were leaked early by an anonymous source. The file is available here.Headlines:A FEW FOMC MEMBERS BELIEVED OUTLOOK MAY WARRANT MORE EASINGFED OFFICIALS AGREED TARGETING NOMINAL GDP NOT ADVISABLEFED OFFICIALS SAW `LIMITED'...
  • QE3 likely in the future after FOMC minutes show support from Fed officials
    QE3 likely in the future after FOMC minutes show support from Fed officials
    The Federal Reserve issued its minutes from the September FOMC meeting on October 12th, and support for a QE3 program in the near future gained great progress as many Fed officials wanted the option kept open for implementation.With the current...
  • Contry debt by order
    Where the FOMC and Operation Twist are taking us ...Part 2
    (Part 2 of a part 3 series. Click here for part 1)Many forecasters expected Chairman Bernanke to announce some sort of QE3 at August’s Jackson Holeconference, but were unclear what it would entail or how it would help. Would adding another ...
  • Gold breaks through $1570 as the dollar breaks below 73
    Gold breaks through $1570 as the dollar breaks below 73
    Gold has broken through the $1570 an ounce barrier on April 29th, and continues to create new all-time highs with each movement up. The dollar in the meantime has crossed below 73 on the index to 72.95, and it appears that dollar dumping around...
  • Dollar falls and precious metals rise on Fed's FOMC report
    Dollar falls and precious metals rise on Fed's FOMC report
    The dollar has fallen more than 20 points on the dollar index to 73.70, and both gold and silver have risen immediately after the Fed's FOMC report came out on April 27th. The primary news was that the Fed intends to conclude QE2 in June as...
  • Market wrap-up for October 12th, 2010
    Market wrap-up for October 12th, 2010
    Today was an eerie day in the morning for the markets, as everyone seemed to be waiting for the Federal Reserves FOMC report, which was to come out around 2:30pm EST. Once the report became public, the markets rallied into the black after being...