Waiting for Godot is a play written by the Irish novelist Samuel B. Beckett in the late 1940s in which two characters, Vladimir and Estragon, keep waiting endlessly and in vain for the coming of someone named Godot.
Last week it was all about central banks, when both the ECB and the PBOC unleashed a massive market rally. This week it will be about even more central banks, this time the Fed, which won't hike, and the BOJ, which may but most likely won't as the Fe
Former Federal Reserve Chairman Ben Bernanke said weighing the effect of the slowing global economy will be key to the U.S. central bank's decision on when to raise interest rates.
Former Republican presidential hopeful Ron Paul forcefully accused federal prosecutors on Wednesday of timing indictments against three of his former campaign staffers specifically to hurt the political aspirations of his son, Rand.
KINGSTON, NY, 14 October 2015-- Nearly one year ago, on 29 October 2014, the Federal Reserve announced it would end QE3, its third round of bond-buying stimulus that ballooned its balance sheet by $3.5 trillion.
Former Federal Reserve Chairman Ben Bernanke discusses the 2008 financial crisis and his book "The Courage to Act: A Memoir of a Crisis and Its Aftermath."
Former Federal Reserve Chairman Ben Bernanke discusses the 2008 financial crisis and his book "The Courage to Act: A Memoir of a Crisis and Its Aftermath."
Former U.S. Treasury Secretary Lawrence Summers examines the job done by Federal Reserve Chair Janet Yellen. He speaks on "Bloomberg ‹GO›" (Source: Bloomberg)
Editor's Note: Dr. Richard Ebeling's latest book, Monetary Central Planning and the State, published by the Future of Freedom Foundation, is now available.
The Fed unsurprisingly chickened out from the much touted September hike. International conditions and a disapproval from Mr. Market was enough to unnerve an increasingly bewildered FOMC board.
Job growth was less than expected, the unemployment rate was unchanged, wages disappointed, revisions to August's report were bad, and the participation rate fell to a new 38-year-low.
In August, Peter Schiff was a guest speaker at The Jackson Hole Summit, a gathering of free-market activists warning of the dangers of overreaching central banks and irresponsible monetary policies.
Editor's Note: While many are looking for that one big event, the steady economic collapse continues. Hits in the stock market, not only in the U.S. but across the world, are amounting to significant declines.
Just as few understood the role our interventionist foreign policy played in the September 11th attacks, few in Congress understood that the 2008 meltdown was caused by the Federal Reserve and Congress, not by unregulated capitalism.
The Federal Reserve has kept everyone guessing when it will start raising interest rates. It wasn't September, as many expected? Maybe in October? Maybe in December?
We have been robbed blind and we have scarcely noticed. Now, our very existence is being threatened and people laugh at you for talking about it as they call you a "conspiracy theorist", "fear-monger" and "the purveyor of doom and gloom".
Yellen argued Thursday that the persistently low inflation warrants the Fed's rates to currently be at zero. But she reiterated again that a rate hike by the end of the year is likely.
Australia's largest investment bank Macquarie, one which openly called for "helicopter money", by directly monetizing treasuries. Ironically, the bank made the call despite admitting that it would not work
Bill Gross said the Federal Reserve needs to raise interest rates as soon as possible, trading some near-term market losses for longer-term stability and a healthier financial system.
St. Louis Fed President James Bullard stopped by Business Insider to talk about the Fed's decision not to raise rates in September. Bullard does not have a vote on the Federal Open Market Committee this year, but argued against the decision to keep r
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