More than a dozen central banks will this week confront a new reality where monetary policy in the world’s biggest economy is set to stay ultra-loose for the foreseeable future.
The Federal Reserve committed in March to deploy billions of dollars to prop up the economy during coronavirus lockdowns. The move benefited money managers including BlackRock, which helped the Fed execute its plan.
Arizona and Tennessee are just two states that have recently seen enhanced unemployment benefits run out. Groups on the ground there are already feeling the effects.
After decades of misguided policy and chronically missing its targets, David Stockman thinks the Fed is hurtling our market economy towards disaster.
We’re entering a period of time when the major systems that have supported humanity are going to fail. Or, put more accurately: they are already failing.
The battle to claw back a significant percentage of the $50 trillion is just beginning.
Can't get bikes at the bike store, can't get trucks at the car lot, and can't get coins at the coin dealer, yet gold & silver are crashing? Funny...
Powell will take the stand not once, not twice but three times this week as he doubles down on levitating markets.
Federal Reserve Bank of Dallas President Robert Kaplan talks about the need to keep interest rates near zero and why he was one of two dissenting voters at last week’s Federal Open Market Committee meeting.
European Central Bank President Christine Lagarde reiterated a vow to ramp up monetary stimulus again if needed as the euro area’s recovery from the coronavirus recession remains
Emergency measures may mask growing solvency problems, institutions warn.
The Danish Financial Supervisory Authority on Monday criticised Danske Bank over the lender's erroneous debt collection and issued four orders in order for the bank to prevent similar problems in the future, the FSA said.
As the Federal Reserve meeting wrapped up last week, Peter Schiff appeared on RT Boom Bust. The interview covered a number of topics, including gold, oil prices, the Fed and the Snowflake IPO.The discussion started with the rising prices of gold and silver. Peter said central bank policy is creating a very bullish environment for precious metals prices to continue to rise. Unfortunately, a lot of other prices will rise as well.
Last week, the Federal Reserve held its September FOMC meeting. Peter Schiff appeared on the Claman Countdown after the meeting ended, along with Natalie Securities Global Fixed Income Chief Andy Brenner. During the interview, they discussed inflation, the impact of Fed policy, the bubble economy and they even touched on modern monetary theory. Peter said ultimately the Fed isn't helping. In fact, it's the biggest enemy of economic growth.
Gold investors were uninspired by the (FOMC) decision because policymakers were reluctant to add stimulus in view of improving fundamentals.
Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin are set to be grilled by lawmakers Tuesday on the need for more stimulus to shore up the U.S. economy’s recovery from the coronavirus slump.
The Fed's monetary-policy independence is gone, massive federal deficits threaten the dollar’s status as the global currency, and the Chinese yuan is waiting...
U.S. government debt prices were mixed in the early hours of Monday morning, with investors monitoring progress toward a new coronavirus relief bill and a slew of Federal Reserve speakers scheduled this week.
The documents convey a relentless effort by North Korea to penetrate the global financial system to skirt sanctions.
Switzerland’s efforts to combat dirty money constitute a “failure” that haven’t kept pace with the explosion of money-laundering in the financial hub, the country’s former top money-laundering cop told Tribune de Geneve.