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Today In Cryptocurrency: Former Goldman Exec Rips Bitcoin, Fed Report Shows Futures Dented Crypto Valuations
Tuesday, May 8, 2018 - 4:32pm | 505The cryptocurrency market continued a sluggish start to the week Tuesday, with most major currencies trading down on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market today — and which currencies were on the move. Headlines Former Goldman Sachs...
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San Francisco Federal Reserve Thinks Recession More Likely Than Not
Monday, November 14, 2011 - 2:26pm | 212According to research from the San Francisco Federal Reserve, the likelihood is that the U.S. economy is heading for a recession in early 2012. On Monday, the researchers revealed that an analysis of leading economic indicators is showing that the odds of a recession are increasing. The primary...
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Janet Yellen Says Rising Commodity Prices Don't Warrant Changes
Monday, April 11, 2011 - 11:19am | 47Janet Yellen just made some interesting comments that came across the wires. Yellen said that rising commodity prices do not warrant a policy shift, suggesting that easy monetary policy is likely to continue. Yellen is a voting member on the Federal Reserve Open Market Committee this year.
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San Francisco Fed Director Doesn't See Double Dip
Wednesday, September 8, 2010 - 2:37pm | 68San Francisco Federal Reserve Director of Research John C. Williams doesn't see a double dip, according to the Fed's Beige Book. The economic report, which describes economic conditions in the Fed's 12 regions was released at 2 p.m. Williams believes double-dip recession is "highly unlikely", and...
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San Francisco Fed Sees Another Recession In 2 Years
Tuesday, August 10, 2010 - 11:49am | 156The San Francisco Federal Reserve has come out with a report that it fears another recession is highly probably within the next 18-24 months based off slowing economic activity, a report shows. In the newest issue of the regional Fed bank's Economic Letter, it shows that a recession is more...