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Gold prices end higher as Yellen clarifies recent comments on interest rates

Gold futures ended higher on Wednesday to recoup only part of what they lost a day earlier as U.S. Treasury Secretary Janet Yellen clarified recent remarks and said she was neither predicting nor recommending that the Federal Reserve raise intere.....»»

Category: topSource: marketwatchMay 5th, 2021

The Fed: Fed sticks to easy-money strategy even as it sees a strengthening U.S. economy

The Federal Reserve on Wednesday held monetary policy steady and was more upbeat about the outlook for the U.S. economy......»»

Category: topSource: marketwatchApr 29th, 2021

The Federal Reserve is out of control, bank analyst Dick Bove says

Odeon Capital Group chief financial strategist Dick Bove on bank earnings and the Federal Reserve's money printing......»»

Category: topSource: foxnewsApr 16th, 2021

Monetary Policy At A Crossroad: Policymakers Need To Break Promise Of Easy Money To Avoid Boom-Bust

Monetary Policy At A Crossroad: Policymakers Need To Break Promise Of Easy Money To Avoid Boom-Bust Submitted by Joseph Carson, former chief economist at Alliance Bernstein The Federal Reserve's new policy approach is that policymakers wan.....»»

Category: blogSource: zerohedgeApr 5th, 2021

Today"s Stock Market Is A Casino Powered By Easy Money And Boredom

Today's Stock Market Is A Casino Powered By Easy Money And Boredom Via Birch Gold Group, We are already aware of Federal Reserve Chairman Jerome Powell’s stanc.....»»

Category: worldSource: nytMar 7th, 2021

Market Extra: Has Powell lost control of yields or is latest surge part of the Fed’s playbook?

Is the Federal Reserve losing control of bond yields, which have lately been rattling investors' nerves, or are rising rates and inflation expectations playing out just as planned?.....»»

Category: topSource: marketwatchFeb 24th, 2021

Cramer Shares His Thoughts On Wells Fargo, Caterpillar And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said he believes in Charlie Scharf, the CEO of Wells Fargo & Co (NYSE: WFC). (The Federal Reserve Board gave banks the greenlight to restart read more.....»»

Category: blogSource: benzingaDec 19th, 2020

Bitcoin should be worth $400,000, based on its scarcity and value versus gold, according to Guggenheim"s Scott Minerd

Bitcoin's scarcity, together with the Federal Reserve's "rampant money printing," suggest its price should rise to $400,000, says Scott Minerd. Guggenheim's Scott Minerd. Lucy Nicholson/Reuters .....»»

Category: dealsSource: nytDec 17th, 2020

30-plus Austin businesses approved for city loans — but the money isn"t flowing yet

More than 30 businesses have been approved for loans of up to $35,000 as part of a new city program. But some businesses got federal support before their city loans closed. City officials believe the program is still a viable.....»»

Category: topSource: bizjournalsMay 15th, 2020

The pandemic spurred Americans to finally start saving money, but it"s unclear how long the new habit will last

FluxFactory/E+/Getty Despite record levels of unemployment and widespread financial uncertainty, Americans seem to be prioritizing savings. Data from the Federal Reserve Bank of St. Loui.....»»

Category: topSource: businessinsiderMay 14th, 2020

US is `printing" money to help save the economy from the COVID-19 crisis, but some wonder how far it can go

The Federal Reserve is creating dollars from scratch at an unprecedented rate, one of many tools to rescue the economy amid the corona.....»»

Category: topSource: usatodayMay 12th, 2020

How far can US go in printing money to boost the economy?

The Federal Reserve is creating dollars from scratch at an unprecedented rate, one of many tools to help rescue the economy during the COVID-19 crisis.....»»

Category: topSource: moneycentralMay 12th, 2020

Forget Hyperinflation! Can the Fed Handle the Current Deflation in the Recession?

When the Federal Reserve lowers interest rates to zero at the same time the Treasury has printed trillions of dollars for economic stimulus, many classical economists would throw up a red flag......»»

Category: blogSource: 247wallstMay 12th, 2020

As banks stumble in delivering aid, Congress weighs other options

Several lawmakers have begun exploring ways to sidestep banks to deliver aid. Among the proposals, mainly from Democrats: using IRS records and payroll processing companies, as well as the Federal Reserve, to help distribute money more swiftly......»»

Category: topSource: bizjournalsMay 12th, 2020

The U.S. is `printing" money to help save the economy during COVID-19 crisis: How far can it go?

The Federal Reserve is creating dollars from scratch at an unprecedented rate, one of many tools to help rescue the economy during the C.....»»

Category: topSource: usatodayMay 12th, 2020

Fed Says It Will Begin Buying Corporate-Debt ETFs on Tuesday

The Federal Reserve said a facility designed to purchase eligible corporate debt from investors will launch on May 12, bringing a key part of the U.S. central bank’s emergency coronavirus lending program online following weeks of anticipation......»»

Category: topSource: moneycentralMay 12th, 2020

Peter Schiff: The Fed Can Never Take The Easy Money Drug Away

Peter Schiff: The Fed Can Never Take The Easy Money Drug Away Via SchiffGold.com, The Federal Reserve is creating a massive amount of money out of thin air and injecting it into the economy. Pretty much everybody believes this.....»»

Category: blogSource: zerohedgeMay 7th, 2020

Gold as an investment is made for times like these

The yellow metal is poised to hold its purchasing power as the Federal Reserve prints money on a massive scale......»»

Category: topSource: marketwatchMay 5th, 2020

Digital Dollars Give the State Too Much Control Over Money

Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law......»»

Category: forexSource: coindeskMay 2nd, 2020

Federal Reserve to offer ‘Main Street loans’ for businesses with up to 15,000 employees

The Fed’s program is designed to target mid-sized companies and businesses that need money for more than just payroll expenses......»»

Category: topSource: washpostApr 30th, 2020