federal reserve

Dark Money Will Push Gold Higher

This post Dark Money Will Push Gold Higher appeared first on Daily Reckoning. Gold is a safe harbor to weather the uncertain times ahead... The post Dark Money Will Push Gold Higher appeared first on

The Fed Is on High Alert

This post The Fed Is on High Alert appeared first on Daily Reckoning. The Federal Reserve has indicated that it’s done cutting rates — for now at least. But today Nomi Prins shows you why the Fed is

Mnuchin ‘Fine’ With Libra Launch, But Crypto Project Must ‘Fully’ Comply With AML Rules

Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter.

What the Fed Reserve’s Balance Sheet Expansion Means for Bitcoin

The U.S. Federal Reserve is again expanding its balance sheet – prominent experts believe that could bode well for bitcoin in the long run.

Repo Madness: Fed Plumbing Gone Awry

How the Fed's fingerprints are all over the repo mess.

Stocks Advance As Investors Mull Outlook For Trade: Markets Wrap

European stocks advanced on Friday and U.S. equity futures pointed to a marginally stronger open as investors digested the latest headlines on the trade dispute between America and China. Treasurys...
The great American labor paradox: Plentiful jobs, most of them bad

The great American labor paradox: Plentiful jobs, most of them bad

When you compare lived reality with the data, it's clear something big is getting lost in translation

Wolf Richter: The Fed Slaps Down Negative Interest Rates

The first major discussion of negative interest rates recounted in the FOMC minutes show serious disapproval.

Fed Reserve Evaluating Digital Dollar But Benefits Still Unclear, Says Chairman

Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits.
Three US banks have gone bust in recent weeks, after a failure-free 2018

Three US banks have gone bust in recent weeks, after a failure-free 2018

There have been only three years since 1933 without a bank failure.
Donald Trump Has 'Cordial' Meeting with Federal Reserve Chair Jerome Powell

Donald Trump Has 'Cordial' Meeting with Federal Reserve Chair Jerome Powell

President Donald Trump on Monday confirmed he met Federal Reserve Chairman Jerome Powell at the White House to discuss monetary policy.

Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report

The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.

Is Trying to Predict a Coming Recession a Bad Bet? Ask Gamblers.

It turns out we might actually be better at forecasting economic events than betting on sports matches.

How the Fed Boosts the 1%: Even the Upper Middle Class Loses Share of Household Wealth to the 1%. Bottom Half Gets Screwed

It is bizarre to see the Fed present data showing the Gilded Age level of wealth accumulation by the 1% as if that were a badge of honor.
Stocks Rise to Record Highs as Impeachment Hearing Sputters

Stocks Rise to Record Highs as Impeachment Hearing Sputters

Stocks moved higher despite impeachment inquiry, China trade deal worries, and Fed chair Powell standing pat.
Britain’s digital payments have gotten too fast

Britain’s digital payments have gotten too fast

Parliament thinks certain transactions may need to slow down to fight fraud. It is a sign of things to come in other countries trying to speed up payment systems.

Global Stocks Drift As Trade Remains In Focus: Markets Wrap

Stocks in Asia drifted in a lackluster session and U.S. and European futures were little changed as investors awaited fresh news on U.S.-China trade discussions. Ten-year Treasury yields retreated

Stocks Mixed, U.S. Futures Edge Up; Yuan Touches 7: Markets Wrap

European stocks were mixed and U.S. index futures climbed as investors kept an eye on signs America and China are inching toward a trade deal. Treasuries fell, while the yuan... Read More The post

US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies

The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.
Carney: How the Fed and Democrats Are Depressing Business Investment

Carney: How the Fed and Democrats Are Depressing Business Investment

Uncertainty over trade policy is not likely to be the primary cause of depressed business investment in the U.S.