Bernanke Goes All In
Bernanke is living up to his reputation as helicopter drops of cash will rain on markets until his academic research is vindicated. It's as most have been saying, "when push comes to shove politicians...
View ArticleStocks Weaken on Alcoa Report; China Monetary Policy
Global stock markets weakened overnight after Alcoa released mixed results following yesterday’s close. In addition, news that China may begin raising interest rates is pressuring demand for higher...
View ArticleForex Traders await European Central Bank Policy Decision
The EUR USD is trading flat as Forex traders await this month’s European Central Bank policy decision. Investors are looking for the ECB to leave interest rates at the historically low 1% level. At the...
View ArticleBank of Canada Signals Tighter Monetary Policy
The Bank of Canada voted this morning to leave interest rates at 0.25% but strongly hinted that interest rates would increase sooner than expected because of the strong economic growth and the fear of...
View ArticleLower Bailout Estimate Assumes Higher Stock Prices
WASHINGTON (AP) — The Treasury Department indicated Friday it expects taxpayers will lose billions less from the financial bailouts than earlier estimated. The problem is, its revised forecast assumes...
View ArticleGreenback Pares Gains as Fed Takes Small Step to Ease Monetary Policy
The U.S. Dollar gave back much of its earlier gains Tuesday afternoon after the central bank’s Federal Open Market Committee revealed a disappointing outlook for the U.S. economy.Tags:...
View ArticleEuropean policy makers try to stave off crisis
European finance officials are stepping up their efforts to slow the rising panic over the euro zone's debt crisis.The European Central Bank signaled in a statement on Sunday that it was ready to begin...
View ArticleAnalysis: Economic leaders fear policy paralysis
The heads of the U.S. Federal Reserve, IMF and OECD stepped up pressure on political leaders on both sides of the Atlantic to shake off their inertia and tackle urgent economic problems.Tags:...
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