The Fed Ben Bernanke

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  • *Negative interest rates boost gold's appeal. LONDON, Feb 15- Negative interest rates, financial turmoil and a weaker dollar should be drawing investors into gold, the traditional "safe haven". More than a decade of price rises melted away in April 2013 when gold suffered its biggest one-day drop in dollar terms of $125 an ounce.

  • *Negative interest rates boost gold's appeal. LONDON, Feb 15- Negative interest rates, financial turmoil and a weaker dollar should be drawing investors into gold, the traditional "safe haven". More than a decade of price rises melted away in April 2013 when gold suffered its biggest one-day drop in dollar terms of $125 an ounce.

  • NEW YORK, Feb 4- Mohamed El-Erian, the chief economic adviser at Allianz SE, said on Thursday that with volatility rising, the markets effectively have served as front-runners to the Federal Reserve in tightening global financial conditions. William Dudley, president of the Federal Reserve Bank of New York, said on Wednesday that financial conditions have...

  • Chart down

    The recent spate of bad news has been just that, with no effective relief from the U.S. central bank or any of its global counterparts.

  • WASHINGTON, Jan 15- The Federal Reserve was worried that leaks of its confidential discussions in 2010 exposed it to charges of insider trading and raised questions over its credibility, according to transcripts of meetings released on Friday. The transcripts made no mention of Meyer or his firm at the time, Macroeconomic Advisors, but did show that then Fed...

  • SAN FRANCISCO, Jan 15- The Federal Reserve's decision to reopen currency swap lines to the European Central Bank as part of a campaign to calm markets roiled by Greece's debt crisis came after a "personal appeal" from the ECB chief to his Fed counterpart, transcripts from an emergency Fed meeting May 9, 2010 show. "Yesterday Jean-Claude Trichet called me and made...

  • Federal Reserve officials shared broad doubts about the benefits of the second quantitative easing stimulus program in 2010 and worried they'd be seen as deliberately devaluing the dollar to boost exports, according to newly released transcripts from Fed meetings. "I find it disconcerting that... something like two-thirds of the improvement in the growth...

  • A shipping container is loaded onto a flatbed at the CSX Intermodal Terminal in North Baltimore, Ohio.

    Here’s the only chart you need to explain the New Year’s dive in markets. An the Fed doesn't seem to get it, says Dan Alpert.

  • Janet Yellen discusses the Fed's first interest rate hike in 9½ years, Dec. 16, 2015, in Washington.

    The Fed's post-meeting statements have gotten shorter under Janet Yellen, but they're still speaking above most people's vocabulary.

  • NEW YORK, Dec 16- The Federal Reserve aggressively expanded a new policy tool to help it raise U.S. interest rates from near zero, saying on Wednesday it anticipated about $2 trillion in bids for a facility to help mop up excess cash in financial markets after years of stimulus. The Fed held some $2.5 trillion in Treasury bonds last week in its portfolio of nearly...

  • NEW YORK, Dec 16- No sooner will the Federal Reserve raise U.S. interest rates than it must make more decisions on how to drain markets awash in cash and, further down the road, how to shrink its swollen balance sheet. Years of unprecedented stimulus has left the Fed swollen with $4.5 trillion in bonds, and the banks bursting with $2.6 trillion in reserves.

  • NEW YORK, Dec 16- No sooner will the Federal Reserve raise U.S. interest rates than it must make more decisions on how to drain markets awash in cash and, further down the road, how to shrink its swollen balance sheet. The New York Fed, which handles the mechanics of monetary policy three blocks from Wall Street, will turn on Thursday to a suite of lightly tested tools to...

  • NEW YORK/ SAN FRANCISCO, Dec 14- Once the Federal Reserve lifts interest rates from near zero, likely this week, the focus will turn to the other legacy of the crisis-era policies: the Fed's bloated balance sheet. The prevailing view is that the U.S. central bank's $4.5 trillion portfolio, swollen by bond purchases aimed at stimulating the economy, will have to shrink...

  • NEW YORK, Dec 8- Global investment management firm Pimco is adding energy-related securities to some of its portfolios as the Newport Beach, California firm expects oil prices to rise over the next 12 months, Dan Ivascyn, group chief investment officer, said in an interview on Tuesday. Pacific Investment Management Co, which is a unit of Allianz SE, oversaw $1.47...

  • Dec 7- The bond investing firm Pacific Investment Management Co on Monday named two former central bank chiefs and a former British prime minister to sit on a new board to advise on economic, political and strategic developments. The board also includes Jean-Claude Trichet, president of the European Central Bank from 2003 to 2011, and Gordon Brown, the U.K. prime...

  • The Pimco Global Advisory Board includes Ben Bernanke, who chaired the U.S. Federal Reserve from 2006 to 2014 and was named a senior Pimco adviser in April, and Jean-Claude Trichet, president of the European Central Bank from 2003 to 2011.. It also includes Gordon Brown, the U.K. prime minister from 2007 to 2010; Ng Kok Song, who was group chief investment officer of...

  • LONDON, Dec 3- Assuming European Central Bank president Mario Draghi sees out his mandate, he will step down in October 2019. And financial markets reckon there's a fair chance he will complete his eight-year tenure without ever having raised interest rates. Even Ben Bernanke, the ultra-dovish former Federal Reserve Chairman who unleashed three QE programmes...

  • Janet Yellen

    We are living in the age of the "rock star" central banker, says Brian Kelly. But will the next act live up to the hype?

  • Mario Draghi's efforts to pursue inflation have dragged down the euro. But that's no reason to sell gold, says Michael Pento. Here's why.

  • America's epic struggle to create the Federal Reserve

    Opposition has been going on since Hamilton/Jefferson, says Roger Lowenstein, New York Times Magazine, providing an inside look at the creation of the nation's central bank.