Warren Buffett doesn't want Congress to "fool around" with the Federal Reserve's political independence. Here's a CNBC.com exclusive 'web extra' video clip recorded before last week's Warren Buffett & Bill Gates: Keeping America Great.Read More
Federal Reserve officials on Thursday downplayed the consequences of the falling U.S. dollar, underscoring that deflation is still a threat. So how should investors guard their portfoliost? Jim Rickards, senior managing director of market intelligence at Omnis, shared his insights. Read More
President and CEO of the Federal Reserve Bank of St. Louis James Bullard said that policy makers may not start to raise rates until early 2012 while facing a “too low for two long” argument that may “weigh heavily” on the central bank. Read More
You have to love our Fed Chairman who said "we are attentive...to the value of the dollar and will continue to formulate policy to guard against risks to our dual mandate to foster both maximum employment and price stability. Our commitment to our dual objectives will help insure the dollar is strong." I think he said he was worried about the dollar but then he wasn't worried about the dollar. I know I am worried about the value of the dollar as no country I am aware of has ever debased their currency to lasting prosperity. Read More
The Consumer Price Index, a measure of the average price level of a basket of consumer goods and services, was up 0.3% for the month of October, while the core CPI rate, excluding energy and food, rose 0.2%. On a year-over-year basis, consumer prices were down .2%. Read More
The low volume nature of the nearly 8-month old market rally has been an ongoing concern, but now the absence of institutional players could be an issue. Read More
The Federal Reserve is monitoring the declining value of the dollar closely as part of its commitment to both jobs growth and price stability, said Fed Chairman Ben Bernanke on Monday. Art Cashin, director of floor operations at UBS Financial Services, shared his insights on the Fed and the markets. Read More