Federal Reservations

Among the recent price consolidation, it should not be forgotten that the U.S. Federal Open Market Committee of the Federal Reserve Board decided to leave rates at 0.0% to 0.25% until at least late 2014, according to the FOMC statement released on January 25th.

Originally from The Market Oracle

It's not often you hear the head of the world's largest bond fund compliment the Fed for doing a good job — particularly when interest rates are near zero. But Pimco's Bill Gross had high marks for Fed Chief Ben Bernanke.

Originally from All News, Video and Posts related to TOPIC: Federal Reserve

As the world bought risk assets like gold and equities on the Fed news Wednesday, Hedgeye’s Keith McCullough was going the other way.

Originally from All News, Video and Posts related to TOPIC: Federal Reserve

The Dollar bounced off 79.75 this morning, nothing to crow about for Dollar bulls as the Euro remains just over the critical $1.30 mark and the Pound is solidly over $1.55 for the moment. You could say it's a bearish sign that the Dow and the NYSE stopped dead at our breakout levels but that's to be expected on a first attempt at breaking out – even if they have already attempted the same move back in late October, when the Dow was 5% lower in it's test and the NYSE was testing the same line (7,866).

Originally from The Market Oracle

Martin Hutchinson writes: Times are tough out there. We would like to blame China, incompetent politicians, Federal Reserve Chairman Ben Bernanke, the banking system, or some unseen forces for this phenomenon.

Originally from The Market Oracle

With the S&P 500 heading toward the October lows on the Friday after Thanksgiving, the ever market manipulating central banks just had to do something. The decision was made on Monday, November 28 to provide a stealth bailout for European banks, and indirectly poorly managed sovereigns. Gerald Driscoll, the former Vice President of the Federal Reserve Bank of Dallas, penned an opinion piece which appeared in the Wall Street Journal on December 28. He stated in no uncertain terms:

Originally from The Market Oracle

David Zeiler writes: The Federal Open Market Committee (FOMC) is scheduled to issue a statement at 2:15 pm. today (Tuesday), but don't expect anything other than more empty rhetoric. Indeed, with few options remaining, the Fed is expected to produce little more than a statement designed to reassure the markets following today's meeting.

Originally from The Market Oracle

The Federal Reserve has become more in interested in what it says about policy than policy itself... IS THIS a sign the Federal Reserve has run out of ammo? The latest Federal Open Market Committee minutes contain a whole section on 'Monetary Policy Strategies and Communication' (the FOMC had a presentation on the subject – to have been a fly on the wall...)

Originally from The Market Oracle

Here’s one of the protesters Reason.tv spoke to at Occupy Wall Street in Los Angeles on October 12, 2011. She identifies herself as Patricia McAllister and as an employee of Los Angeles Unified School District.

“I think that the Zionist Jews, who are running these big banks and our Federal Reserve, which is not run by the federal government… they need to be run out of this country,” she said.

The full coverage of this protest can be seen here.

Originally from Big Government

Terry Coxon, Casey Research writes: "A rock and a hard place" is a long-running theme of Casey Research publications. It refers to the dilemma the US government has wandered into with its continued policy of rescue inflation. The "rock" is what will happen if the Fed pauses for long in printing still more money – the collapse of an economy burdened by an accumulation of mistakes that rescue inflation has been keeping at bay. The "hard place" is the disruptive price inflation that becomes more likely (and likely more severe) with every new dollar the Fed prints to keep the effects of those mistakes suppressed.

Originally from The Market Oracle