9 hrs ago
Fed Weighing Change to Statement Can Look to History
Federal Reserve officials weighing whether to alter a pledge to keep interest rates low for a "considerable time" might draw inspiration from a decade-old solution. In 2004, the Federal Open Market Committee was also debating the timing of an exit from a prolonged period of low interest rates.
Sat Sep 13, 2014
@theMarket: Waiting on the Fed
It should be clear to you by now that in the United States the Federal Reserve Bank is calling the shots in our financial markets. To a lesser extent this phenomena is happening all over the world.
Thu Sep 11, 2014
Wall Street Journal
Grand Central: Can The Fed Drop "Considerable Time" Without Spooking Markets?
As the Wall Street Journal reported Friday , a growing number of Federal Reserve officials want to move further away from the forward guidance on interest rates that has been a staple of their post-crisis monetary policy. With interest rates pinned at zero and unable to move lower to stimulate a limp economy, officials have chosen assurances rates would stay low as another way to boost financial conditions.
Wed Sep 10, 2014
Wall Street Journal
Homeward Bound? ECB Paper Finds Some Regional Bias at Fed
A pair of European Central Bank economists looked across the Atlantic to raise an interesting question for central bank officials and watchers: Are Federal Reserve district bank presidents influenced by conditions in their local economies rather than by trends in the U.S. as a whole? The answer, in a paper published Wednesday by the ECB, is yes in some cases-particularly for the Dallas and San Francisco Fed banks-though the "regional bias" impact is relatively small. "There are several reasons to suspect that the Federal Reserve Bank Presidents of the U.S. Federal Reserve System have a regional bias in their interest rate preferences," ECB economists Alexander Jung and Sophia Latsos wrote.
Mon Sep 08, 2014
Where the Greed is at Under Obama: Autos and Academics
It's time to reconstruct the Federal Reserve Bank, that "monster" bank that has been at the heart of all that ails the Republic for over two decades. While liberals moan about tax inversions, the truth is that it is the inverted economy, made possible by inverted policies, made possible by an inverted central bank that has turned our world upside down.
Fix the Dollar Campaign Aims to Correct 'Mediocrity' of Economy
Americans have gotten used to "mediocrity" in the economy, which has not performed as well as it could have if the nation's currency was backed by gold, said Steve Lonegan, director of the Monetary Policy for American Principles in Action. "We've become accustomed from mediocrity to mediocre economic growth.
Wed Sep 03, 2014
Finextra Research news
American Heritage Federal Credit Union signs for CetoLogic Deposit Reclassification
CetoLogic, a leading provider of software and analytics for financial institutions and retailers, announced that the $1.4 billion dollar-asset, Philadelphia-based American Heritage Federal Credit Union will implement the company's Deposit Reclassification solution as a preventative measure against future reserve requirements.
Tue Sep 02, 2014
Public Should Speak Up Before Fed Clamps Down On Jobs
The media often cover debates over Federal Reserve Board policy as though it is arcane and technical subject matter beyond the understanding of ordinary people.
Mon Aug 25, 2014
The Fed Is Not As Powerful As We Think
This past week marked the annual gathering of bankers, financial officials, and other economic experts hosted by the Kansas City Federal Reserve Bank in Jackson Hole, Wyoming.
Worcester Telegram & Gazette
How Jackson Hole events shape Worcester's economy
Compared to Massachusetts, Worcester's economy is doing better on some measures and worse on others.
Fri Aug 22, 2014
Wall Street Journal
Activists at Jackson Hole See Recovery on Wall Street, 'Not My Street'
A group of activists has descended on the Kansas City Federal Reserve Bank's annual conference in Jackson Hole, Wyo., to tell central bank officials that any move to raise interest rates soon could wreak havoc on the lives of Americans still struggling with a weak economic recovery.
Is It Time To Ignore The Fed?
I founded Asset Management Research Corporation in 1988. The firm has provided investment research to institutions and serious investors for 26 years.
WAFB-TV Baton Rouge
Yellen: Job-market shifts complicate rate decision
An Oklahoma oral surgeon whose filthy clinics led to the testing of thousands of patients for HIV and hepatitis permanently surrendered his professional license on Friday.
Yellen says shifts in job market since Great Recession make Fed rate decisions more difficult
Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.
Fed Official Wants ECB Action To Lift Economy
Pressure intensifies on the European Central Bank to help world recovery as GDP growth in the euro area continues to stagnate.
Thu Aug 21, 2014
Joel Naroff: Fed Will 'Be Compelled' to Hike Rates Sooner Than Expected
U.S. home resales raced to a 10-month high in July and the number of Americans filing new claims for jobless benefits fell last week, signaling strength in the economy.
Wed Aug 20, 2014
Beat the Press
The Federal Reserve Board Responds to Bankers
The Washington Post had an article on grassroots efforts to try to influence the Federal Reserve Board's decisions on monetary policy.
Mon Aug 18, 2014
The American banking system might not last until Monday
For example, consider this really striking bit of history: "The then Federal Reserve Chairman made a phone call to the Bank of Japan Governor on that critical Friday night in August of that year."