FOMC

This weekend in Barron's online: this quarter's mutual fund feature is on Legg Mason, the chances of Q3 dwindle, data suggest the 1% are paying their fair share of taxes, Icahn is beating the S&P 500 again, and could the U.S. become the world's largest exporter of liquid natural gas? Cover...

Today, the Federal Open Market Committee released its decision on interest rates. The FOMC voted 9-1 to leave rates unchanged. The lone dissenting vote was Richmond's Jeff Lacker, who argued that there is no need for the Fed's promise to keep rates exceptionally low through 2014. In its statement...

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...

Former Federal Reserve governor Lawrence Meyer thinks today's Fed meeting will have nothing of value to offer where the market interest is the highest: policy. "The Fed will have to be cautious about upgrading. It will have to acklowledge that the labor markets have improved. It will have to...

Earlier, Dallas Federal Reserve's Governor Richard Fisher appeared on CNBC Squawk Box and fielded a number of questions. Fisher stated that he would be pleased when the Fed is at the point where it can stop using emergency tools (quantitative easing) and go back to simply adjusting interest rates...

Since the turn of the year, nearly every asset class has been on a tremendous bull run. Precious metals in particular have benefited, as gold and silver have rallied back from their recent lows. Gone are calls for a "gold bubble". Gold has risen in price throughout January and now sits near $1745...

FOMC Vice Chairwoman Janet Yellen said that the Federal Reserve will start a new round of bank "stress tests" in "a couple of weeks", as there are concerns about the European debt crisis, and how it might affect the U.S. financial system. In comments captured by Reuters, Yellen said, "Concerns...

We just got the full statement from the FOMC and there were no changes, except one major one. We went from three dissenters to one. The one was a dove, Chicago Federal Reserve President Charles Evans. Evans said that he was in favor of additional easing, which shows that Evans is a bigger dove...

Information received since the Federal Open Market Committee met in September indicates that economic growth strengthened somewhat in the third quarter, reflecting in part a reversal of the temporary factors that had weighed on growth earlier in the year. Nonetheless, recent indicators point to...

Larry Meyer, former member of the Federal Open Market Committee and founder of Macroeconomic Advisers, was just on CNBC talking about what he thinks might happen at the Federal Reserve meeting later today. When the Fed comes out with its next decision at 12:15 p.m. today, Meyer said that he wants...