Federal Reserve Bank

As US Federal Reserve's Federal Open Market Committee meets this afternoon, few expect any surprises coming out of Bernanke's statement. Specifically, Bernanke is not expected to back out of the Fed's commitment to maintain low rates through the end of 2014. The Fed is expected to do is to...

There was more bad news out of Europe on Thursday when the European Union's statistics agency Eurostat announced that unemployment in the euro zone had climbed to a euro era record high and inflation was on the rise too. Eurostat said that unemployment across the euro zone had reached 10.7 percent...

Later this afternoon Helicopter Ben will come close to admitting that Quantitative Easing was a complete bust. The Fed's balance sheet has bloated to $2.7 trillion dollars (as big as the biggest “Systemically Dangerous Institutions” it is supposed to regulate). (http://www.huffingtonpost.com/2011/...

The theme of dollar weakness continues to support risk assets and higher yielding currencies as the U.S. is yet to show commitment regarding its Fiscal and Monetary tightening going forward. With currency markets in a subdued mode ahead of the FOMC announcement and subsequent Bernanke press...

Every trader that I know is talking about the FOMC meeting tomorrow. This is when the Federal Reserve Bank Chairman, Ben Bernanke, is scheduled to give his first ever press conference after an interest rate decision. The market this afternoon is betting that Helicopter Ben is going to keep the...

Federal Reserve Vice Chairman Donald Kohn has made a statement that it is "absolutely critical" that the Federal Reserve has the confidence of the world to do the right things in terms of monetary policy. Many have questioned whether the additional $600 billion of quantitative easing was worth it.

The Federal Reserve Bank of New York on Thursday acquired $1.379 billion worth of Treasury debt, matured between 2012 and 2013. The move was part of the assurance to invest cash generated from mortgage-backed securities and from housing agency debt into the bond market with the aim of supporting...

You cannot have your cake and eat it too! Either circumstances in the economy are getting better and we need to start looking for an exit door or we are still in for a sh-t storm and then no action is necessary! If the Fed sees the economy improving than why leave IR at an “excessively low rate...

According to Associated Press: The Federal Reserve reported record profits of $46.1 billion last year as the central bank made money off its extraordinary efforts to rescue the country from the worst economic and financial crisis since the 1930s. The windfall gets turned over to the U.S. Treasury....

Up for re-confirmation as the Fed chief this Thursday, Goldman Sachs alumni, Ben Bernanke is a poor choice for the job. Along with current Treasury Secretary Tim Geithner, another former Goldman exec, Bernanke ran the largest economy in the world off the tracks by pursuing a free market ideology...