Yellen to debut at Jackson Hole: Will she drop any clues?

(Reuters) – Flashes of illumination rather than fireworks are expected at this week’s annual meeting of top central bankers and economists in Jackson Hole, Wyoming. Few predict anything so momentous as the speech by Federal Reserve chairman Ben Bernanke two years ago that paved the way for an unprecedented $85 billion per month stimulus plan. […]

Fed cuts another $10 billion, offers no hint on first rate hike

NEW YORK (CNNMoney) The U.S. economy is strengthening but the Federal Reserve remains in cruise control. The Fed decided to once again reduce its monthly bond purchases by $10 billion, as expected. The central bank has been gradually reducing, or tapering, its monthly bond purchases since January. It will now buy just $25 billion a […]

Fed won’t hike rates until six months after end of QE3: Fed’s Lockhart

(Reuters) – The U.S. Federal Reserve will probably wait to hike interest rates until at least six months after it ends its bond-buying stimulus program, a top Fed official said on Tuesday. “(I) think that it’s going to be longer than that,” Dennis Lockhart…

Fed further trims stimulus program despite emerging markets turmoil

(Reuters) – The Federal Reserve on Wednesday decided to trim its bond purchases by another $10 billion as it stuck to a plan to wind down its extraordinary economic stimulus despite recent turmoil in emerging markets. The action was widely expected, although some…

Daily Forex Market Review 11/19/13 (+27.5 pips)

Today’s Trade Result: +27.5 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Fed officials: No rush to taper, economy needs to show clearer signs of improvement

(Reuters) – The Federal Reserve should scale back its asset purchases only when the U.S. economy shows clearer signs of improvement and even then it should act slowly, one senior central banker said on Monday, while two others stressed there is no need to rush…

No end in sight for Fed’s QE program

NEW YORK (CNNMoney) Call it QE-Indefinitely. There’s still no end in sight for the Federal Reserve’s stimulus program — known as quantitative easing — after the central bank met this week and decided to continue buying $85 billion in bonds each month…

Investors await Fed interest rate decision, earnings this week

NEW YORK (CNNMoney) Traders will have their eyes on Washington this week — but not because of a shutdown or debt standoff. They’ll be looking to the Federal Reserve…

QE3 is on track to be its largest Fed’s bond-buying program yet

NEW YORK (CNNMoney) QE3 is on track to be its largest bond-buying program yet, if it follows the path predicted by Wall Street. The Fed was expected to wind down its third round of…

Daily Forex Market Review 09/10/13 (+41.5 pips)

Today’s Trade Result: +41.5 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Emerging economies could fall as Fed prepares to taper QE3

As the Federal Reserve prepares to gradually wind down its stimulus program, some fear that the policy reversal could cause emerging economies to fall like dominoes. But the question is: Should the Fed really care?

Economy is strong enough to begin reduction of bond-buys: Fed Fisher

(Reuters) – The U.S. economy can withstand a reduction in the Federal Reserve’s stimulative asset-purchase program, even though the easy-money policies have boosted U.S. manufacturers and other companies, a top central bank official said on Thursday.

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