Search Results for: Federal Reserve
Gold Heads for Weekly Loss as SPDR Assets Extend Drop, Oil Slips
November 14th, 2014
Gold headed for a weekly decline as investors assessed the timing of higher U.S. borrowing costs amid slumping energy prices, with assets in the SPDR Gold Trust posting the longest period of decrease since May 2013. Bullion for immediate ...
Fed investigating bank conduct in forex markets
November 13th, 2014
The U.S. Federal Reserve is investigating possible improper conduct in foreign exchange markets by large banking institutions, a spokesman said on Wednesday. “The Federal Reserve is continuing to investigate in the foreign exchange markets in coordination with other authorities, including the Department of ...
The Two New Tools of Monetary Policy
November 12th, 2014
Every basic exposition of how monetary policy is conducted before about 2008 is soon to become obsolete. The three basic monetary policy tools that used to be taught in almost every introductory economics course were changing reserve requirements, changing ...
Fed’s Rosengren says fight for higher inflation should be vigorous
November 11th, 2014
The Fed should fight low inflation as vigorously as it would a too rapid run-up in prices or risk the same sort of prolonged slow growth plaguing Japan and Europe, Boston Federal Reserve bank president Eric Rosengren said on Monday. Rosengren, ...
U.S. jobs data to show economy’s resilience
November 7th, 2014
U.S. employers likely hired new workers at a fairly brisk clip last month, underscoring the economy’s resilience in the face of slowing global demand. Employers probably added 231,000 new jobs to their payrolls after boosting them by 248,000 in ...
Gold Slumps With Silver to Lowest Since ’10 as Platinum Retreats
November 7th, 2014
Gold and silver tumbled to the lowest level in more than four years as a gauge of the dollar headed for the biggest weekly advance in more than 12 months, curbing demand. Platinum dropped to the lowest since 2009. ...
Asian shares slump, euro wallows near lows
November 7th, 2014
Asian shares edged down on Friday ahead of U.S. employment data later in the session, while the euro wallowed around two-year lows after European Central Bank President Mario Draghi vowed to take more easing steps to spark growth in ...
Fed issues rule to prevent oversized U.S. financial firms
November 6th, 2014
The U.S. Federal Reserve unveiled a final rule on Wednesday designed to prevent large financial firms from becoming so big that their failure could shake the core of the U.S. financial market. The final rule, required by the 2010 ...
A Recent Surge of Leveraged Loans Rattles Regulators
November 5th, 2014
As regulators hunt for the next financial bubble, they are homing in on an obscure corner of Wall Street: the debt market where Tom Shannon’s company, a chain of flashy bowling alleys, recently borrowed nearly half a billion dollars. ...
Is Better Communication Longer and More Complex?
November 4th, 2014
Twenty years ago, when the Federal Reserve Open Market Committee wanted to change interest rates, it didn’t make any announcement. It just took action, and market participants observe those actions. Mark Wynne of the Federal Reserve Bank of Dallas ...
