Of the many problems Christine Lagarde faces as new president of the European Central Bank, one of the most serious and pressing is Germany
FRED, the St. Louis Fed data repository, has added 286 new indicators of uncertainty.
The Federal Reserve brought the issues under control through a series of ongoing market operations, but Dimon warned that the central bank's fixes may not be enough.
A new analysis indicates that rising prices have been quietly taxing low-income families more heavily than rich ones.
A record number of six-figure-income families rent, as student debt and meager savings cloud their financial future. Because buying a house was historically a pathway to savings, this phenomenon could exacerbate the nation’s wealth gap.
Overall, millennials earn 20% less than baby boomers did at the same stage of life, according to a recent report, thanks, in part, to the effects of the Great Recession and a rise in contract work. That's leading to some long term problems for this generation.
COMEX GOLD OPEN INTEREST FELL BY A TINY-SIZED 46 CONTRACTS...
By lowering official rates policymakers have extended the lifespan of the business cycle, similar to that of 1998’s decision, but in doing so they probably also wrote the script for its ending.
“Major movers” such as China, Russia and the European Union have a strong “motivation to de-dollarize,” said Korin, co-director at the energy and security think tank, on Wednesday. “We don’t know w…
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2019 is 1.0 percent on November 5, down from 1.1 percent on November 1.
U.S. financial regulators led by the Treasury’s Steven Mnuchin and the Federal Reserve’s Jerome Powell have been put on notice about the risk of an economically damaging...
Negative rates were considered an elixir to boost growth in the eurozone, Japan, Sweden and Switzerland. We did a case study to find out if it worked.
The New York Fed added $102.14 billion to short-term markets Tuesday. The Fed’s intervention came via $71.05 billion in overnight repurchase agreements and $31.1 billion in 14-day repos.
The gold futures market of the New York Commodities Exchange is operating very differently...
Bridgewater Associates founder Ray Dalio sits down with CNBC to discuss the current monetary policy in the U.S. and how he thinks it should be reformed.
"Although October saw signs of manufacturing pulling out of its recent soft patch, the far-larger service sector remained in the doldrums as inflows of new work failed to grow for the first time since 2009..."
So why should we believe the Fed can protect the market against a sell-off in stocks and bonds when it is implying both are at risk of happening so it gave us three rate cuts and a $1trillion repo liquidity infusion?
The European Central Bank should consider issuing a public digital currency, an EU draft document said, after plans by Facebook to introduce a private one met with a hostile response from global regulators.
The US trade balance (deficit) shrank in September (from -$55.0bn to -$52.5bn), improving by 6.5% YoY - the biggest shrinkage in the deficit since Sept 2016...
Gold & silver have given up all of their post-FOMC rate cut gains...