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I would be a rich man if I had a penny for every letter written about the Federal Reserve decision. To hear analysts discuss it, you’d think the fate of the free world as we know it rests on...
In the press conference following Thursday's wimpy rate-hike decision by the Fed, chair Janet Yellen responded to a reporter's question about the possibility of a hike in October.Yellen stated that...
Summary: Today’s economic forecast by the Fed gives us another dose of bad news, wrongly overshadowed by their decision not to raise interest rates (resulting from it). Ignore economists’...
The FRB, the ECB, the PBoC, and the BoJ are all central banksters. It matters not which country they infest. It matters not which form of gooberment they act as marionette. It matters not how much...
Economic indicators continue to paint a bleak picture of Chinese growth. Cited by various central banks as one of the major factors affecting the global economy there is little China can do to improve...
The Final gross domestic product (GDP) will be released on Friday, September 25. This is the third and final GDP release the is published 85 days after the end of the quarter. The U.S. economy had a...
We’re about to experience turbulence… please fasten your seatbelts!The Fed’s eagerly awaited key rate decision at 2 p.m. today could definitely cause a fair bit of stirring on...
The inimitable US musician Prince (and yes, this was before he changed his stage name to a bizarre symbol , officially becoming “The Artist Formerly Known as Prince”) released the iconic...
The Federal Reserve did not hike interest rates today – here are 5 key takeaways from the announcement:The following excerpt from the first paragraph of the Fed statement is a clear signal that...
The Federal Reserve left the Fed funds target at 0-25 bp. It recognized continued improvement in the US economy but raised the level of concern over international developments.In June, the FOMC...
The following is a quick take on today's FOMC statement as provided by CIBC World Markets.2466 days and still counting, as the Fed kept the range for the funds rate steady at 0-0.25% today. However,...
Some are just beginning to figure out there are manufacturing troubles. The late-to-the party quote of the day comes from Bloomberg, which just realized, "There may very well be something wrong with...
The Fuss about Fed’s Rate HikeThe United States Federal Reserve’s rate-hike prospects have sparked fears all over the world that a (more or less) quarter of a percent increase in interest...
Surging oil prices supported US stocks Wednesday, while Chinese markets posted their biggest rally in nearly three weeks ahead of the Federal Reserve’s interest-rate announcement.The S&P 500...
The Federal Reserve may or may not raise interest rates today—the mystery will be solved when today’s policy announcement hits the streets at 2:00 pm eastern. Meanwhile, what’s the...