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Wednesday, December 12, 2012 - 2:51pm
Fed Announces QE4: Stocks and Commodities Rise After FOMC Statement
On Wednesday, the Federal Reserve released its FOMC statement from its December meeting Once again, the central bank struck a dovish tone, sending stocks and commodities higher on the day. The statement said that the Federal Reserve will hold interest rates at exceptionally low levels as long as...
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Tuesday, May 24, 2011 - 3:35pm
Fed Must Set Explicit Inflation TargetThe President of the Cleveland Federal Reserve--Sandra Pianalto--argued that the Federal Reserve must set an explicit inflation target in an essay released Tuesday, according to ForexLive. Though Pianalto is not a voting member of the Federal Open Market Committee at the present time, (those...
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