Federal Reserve Bank of Richmond President Jeffrey Lacker said it's time for the central bank to end the era of record-low interest rates, now that the impacts from winter weather and energy prices have passed.
The $3.6 trillion the federal government has pumped into the U.S. economy since the 2008 financial crisis fueled a tech bubble that led to startup valuations that far exceed those of successful established companies in traditional industries.
The billionaire bond trader with a penchant for parading around investment conferences in sunglasses and referring to himself in the third person released a note Wednesday morning detailing his outlook for the global economy, and within an hour of it
Having recently explained (in great detail) why QE4 (and 5, 6 & 7) were inevitable (despite the protestations of all central planners, except for perhaps Kocharlakota - who never met an economy he didn't want to throw free money at),....
Stanley Fischer isn't worried about the low inflation we're seeing in the economy.
Central bankers are swooping to the rescue of shaky economies, soothing investor panic for now but highlighting a global addiction to easy money.
Fed
Fasten your seat belts, this ride is getting interesting. Last week the Dow Jones Industrial Average was down more than 1,000 points, notching its worst weekly performance in four years. The sell-off took the Dow Jones down more than 10% from its pea
This decline is not really about China, it is all about the Federal Reserve.
Nobody could have possibly foreseen this. Moments ago Barclays' economists Michael Gapen and Rob Martin did what every other sellside "strategist" will do - admit they were horribly wrong about a "strong US recovery", and adjust their first rate hike
That may spell trouble for investors
The Janet Yellen Fed will not raise interest rates in any meaningful way anytime soon. Instead, she will announce new QE programs.
Wayne Pauls speaks about the passing of The Federal Reserve act of 1913 and Social Security.
Legislation to audit the Fed has twice passed the House by overwhelming majorities. The Fed opposes the measure on the view that it is already audited enough and that a broader audit might cause political interference.
The vice president of the St. Louis Federal Reserve Bank has admitted that the Fed's quantitative easing program has been a failure.
Jobs are strong, wages are a mystery and China risk is up
As you're no doubt aware, the Fed is fond of using the research departments at its various branches to validate policy and analyze away bad economic outcomes.
Federal Reserve officials said last month that while conditions for raising interest rates were approaching, they need more confidence inflation is moving toward their goal, according to meeting minutes that prompted investors to reduce bets for a Se
The Federal Reserve is putting some of its post-crisis actions under a magnifying glass and not liking everything it sees.
Here's what to look for when the Federal Reserve releases minutes from the Federal Open Market Committee's July 28-29 meeting at 2 p.m. Wednesday in Washington.
China's move to devalue its currency roiled the markets last week, and stoked new fears about the health of the world's third largest economy.
China's move to devalue its currency roiled the markets last week, and stoked new fears about the health of the world's third largest economy.
Jim discusses the rapid drying of the Treasury bond liquidity market, the introduction of a new U.S. currency very soon, the BRICS challenge to the London-New York financial power base, criminal activity in financial markets, the global re-set of the
Yet another voice has warned that the world teeters dangerously close to a repeated and prolonged financial disaster.
On July 14, I wrote about the danger developing in the transportation sector, and things are looking even worse today. Here's what I mean:
Did you know that the Federal Reserve pays an annual 6% dividend to its shareholders, i.e., the member banks of the cartel?
Don't tell Jim Grant, the publisher of Grant's Interest Rate Observer, that gold is a hedge.
The State of Texas is setting up a gold-backed bank that will allow depositors to bypass the controversial Federal Reserve System and its fiat currency in banking and commerce, according to the state representative who authored the recently enacted l
Committee Chair: Yellen, Fed Unwilling to Comply With Investigation Surrounding FOMC Leak
Today's report from the Department of Labor shows inflation is raising its ugly head. What does it mean for the economy? If the trend continues it will be harder for Fed chairman Yellen to raise rates as she has promised. The real solution of course
