The Hidden Motives Behind The Federal Reserve Taper
“The United States Federal Reserve announced Wednesday that it will start drawing down (i.e. “tapering”) its multibillion-dollar quantitative easing policies in 2014. The Fed will begin tapering its $85 billion monthly purchases of Treasuries and Tr
Despite the world of mainstream media pundits proclaiming the US is recovering nicely and that a taper is priced in (and the warning that the 5Y auction gave this morning that it's not), ....
The real action is coming soon in the Senate when it votes to confirm the new Fed chairman. The Budget deal is disappointing, but small beer. It’s just the same, oft-told tale: we’ll cut spending in the future if you’ll let us spend more now,
The Federal Reserve announced Wednesday it would start to taper its aggressive bond-buying program to $75 billion a month beginning in January, propelling the market to a record close.
Ben Bernanke invented the practice of giving an occasional press conference after an FOMC decision as a way to further explain monetary policy decisions. Indeed, one of Bernanke's legacies has been his commitment to transparency and better Fed commun
A few observations on what to look for in the language of the FOMC announcement tomorrow from a game theoretic perspective…
In last month's 2 Year bond auction we highlighted that the end of the declining Bids to Cover trend has arrived for good, after the 3.54 BTC priced at the second highest since February.
When the Federal Reserve announces its next move on Wednesday, some expect it to reduce its $85 billion monthly bond-buying program, targeting an eventual end to quantitative easing in late 2014.
The Federal Reserve System was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law.
A week from now, the Federal Reserve System will celebrate the 100th anniversary of its founding.
Just before Thanksgiving he received a letter from the Financial Crimes Enforcement Network, the arm of the Treasury Department that dictates how the nation’s anti-money-laundering and financial crime regulations are interpreted. According to
A week from now, the Federal Reserve System will celebrate the 100th anniversary of its founding. Resulting from secret negotiations between bankers and politicians at Jekyll Island, the Fed's creation established a banking cartel and a
The Federal Reserve became a hot-topic issue among youth during the 2008 and 2012 presidential campaigns of Ron Paul. Young people flocked to the elderly statesman, as he rallied on about an organization nearly 100 years old. The Federal Reserve w
Up to the walls of Jericho With sword drawn in his hand Go blow them horns, cried Joshua The battle is in my hands
Former Rep. Ron Paul, (R-Texas), on the future of Bitcoins and the Federal Reserve.
Earlier today, the People's Bank of China warned the controversial electronic currency carried risk. It also instructed financial institutions not to trade it. "Is this a bubble in Bitcoin?" asked former Federal Reserve Chairman Alan Greenspan
Brazil's central bank has raised its benchmark interest rate to 10% from 9.5%, the sixth time in a row that it has put up borrowing costs.
The most important chart that nobody at the Fed seems to pay any attention to, and certainly none of the economists who urge the Fed to accelerate its monetization of Treasury paper, is shown below:
More should be done for the banks. Instead of being paid interest on their bank deposits, people should be penalized for keeping their money in banks instead of spending it.
Whenever central planners start to feel the heat, a very popular pacifier that they fall back on goes by the name of “rules”.
What does former U.S. congressman Dr. Ron Paul think about Janet Yellen as the Fed Chair? Kitco News caught up with Paul at the Metals & Minerals Conference in San Francisco, where he is a keynote speaker, to discuss monetary policy, gold and the US
Americans may have to start paying to keep money in the bank.
Despite the downtick in rates for a month or two, the housing 'recovery' appears to have come to an end.
"The world has consumed more than it produced for more than a decade," Jim Rogers explains to BoomBust's Erin Ade; but his comments to the leather mini-skirted anchor with regard the actions of the world's central banks bear the most attention.
Last Thursday the Senate Banking Committee held hearings on Janet Yellen’s nomination as Federal Reserve Board Chairman.
Leading US banks have warned that they could start charging companies and consumers for deposits if the US Federal Reserve cuts the interest it pays on bank reserves.
With all eyes glued to the anniversary of the assassination of JFK 50 years ago, we thought it worth noting that the death of another important American figure - the USDollar...
Global regulators need more policy tools to counter the risk of devastating bank runs and should have powers over a wide array of market participants, U.S. Federal Reserve Governor Dan Tarullo said on Friday.