US Economy Paul Volcker

More

  • *Coming up: China house prices Nov at 0130 GMT. MELBOURNE, Dec 18- Copper prices climbed on Friday as the dollar dropped, but prices were staring at their biggest weekly fall in a month as traders cut risk in the second last trading week before Christmas. "The low price environment has triggered some plans to cut back production, so this is short term support for copper...

  • METALS-Copper eyes biggest weekly drop in one month Thursday, 17 Dec 2015 | 8:57 PM ET

    MELBOURNE, Dec 18- Copper prices firmed on Friday as the dollar dropped, but prices were staring at the biggest weekly fall in a month as traders cut risk in the second last trading week until Christmas. *Shanghai Futures Exchange copper eased by 0.3 percent to 35350 yuan a tonne. *Germany's economy is expected to continue on its robust expansion path at the end of...

  • Yellen's "tightening" promises a slow crawl higher Thursday, 17 Dec 2015 | 3:23 PM ET

    WASHINGTON, Dec 17- The policy tightening kicked off by the Fed this week promises to be among the longest and slowest of modern times, a crawl forward that may last as long as former fed chair Paul Volcker's legendary battle against inflation in the 1980 s. One thing the Fed is keen to avoid is the sort of forced policy retreat experienced in recent years by the...

  • WASHINGTON, Dec 16- James Schnurr, just two months into his job as chief accountant at the U.S. Securities and Exchange Commission, stood before a packed ballroom in Washington last December and upbraided a little-known regulator. PCAOB Chairman James Doty was among those attending the annual accounting-industry gala where Schnurr spoke.

  • NEW YORK, Dec 13- It has only been six years since the U.S. stock market rout brought on by the financial crisis, but as far as Deena Katz's clients are concerned, that might as well be ancient history. "People have a thirty-second memory," said Katz, 65, co-chairman at Evensky& Katz/Foldes Financial Wealth Management. Investors have taken home an average 7.5 percent in...

  • CHICAGO, Dec 7- Illinois has bent or broken every sound budgeting practice and should adopt reforms to help dig its way out of a huge pile of debt, according to a report released by the University of Illinois on Monday. The report by the Fiscal Futures Project at the university's Institute of Government& Public Affairs said the fifth-largest U.S. state "is badly in...

  • Report slams Illinois' unsound budgeting practices Monday, 7 Dec 2015 | 9:00 AM ET

    CHICAGO, Dec 7- Illinois has bent or broken every sound budgeting practice and should adopt reforms to help dig its way out of a huge pile of debt, according to a report released by the University of Illinois on Monday. Illinois has the lowest credit ratings and worst-funded pensions among all 50 states. An impasse between the Republican governor and Democrats who...

  • NEW YORK, Sept 23- Bond guru Bill Gross, who has long called for the Federal Reserve to raise interest rates, urged the U.S. central bank on Wednesday to "get off zero and get off quick" as zero-bound levels are harming the real economy and destroying insurance company balance sheets and pension funds. "Do central bankers not observe that Detroit, Puerto Rico, and soon...

  • Emerging market debt trading volumes down 27 pct in Q2 Tuesday, 18 Aug 2015 | 1:18 PM ET

    NEW YORK, Aug 18- Emerging market debt trading volumes fell to $1.211 trillion in the second quarter of 2015, from $1.668 trillion in the same period a year ago, due to economic weakness in the sector and regulations tied to the Volcker Rule, a new survey showed. "EM's weakening fundamentals have also played an important role, underpinning relentless outflows from...

  • There is no liquidity problem in bonds: Volcker Thursday, 30 Jul 2015 | 2:03 PM ET
    Paul Volcker, former chairman of the U.S. Federal Reserve

    Former Fed Chairman Paul Volcker shared his thoughts on the liquidity of the bond market.

  • Fed has increased risk: Dick Bove Tuesday, 8 Apr 2014 | 10:12 AM ET
    Fed has increased risk: Dick Bove

    Dick Bove, Rafferty Capital VP of equity research, reacts to the Fed's decision to give banks an extra 2 years to conform to the part of the Volcker Rule that would force them to sell "riskier" forms of debt.

  • Feds: Volcker Rule cost for banks up to $4.3 billion Friday, 21 Mar 2014 | 9:49 AM ET
    Paul Volcker, former chairman of the Federal Reserve.

    A U.S. bank regulator said the Volcker Rule could cost the industry a one-time annual charge of up to $4.3 billion.

  • 4 potential killers for Wall Street's aging bull Friday, 7 Mar 2014 | 7:45 AM ET

    Will the bull run continue? The question is whether conditions are ripe for economic growth and corporate earnings to rise.

  • Bernanke's payday in first post-Fed speech is... Wednesday, 5 Mar 2014 | 7:10 AM ET
    Federal Reserve Board Chairman Ben Bernanke

    Ben Bernanke earned more in 40 minutes on Tuesday than he made all of last year as head of the U.S. Federal Reserve.

  • An aggressive Fed finds critics on Wall Street Friday, 21 Feb 2014 | 6:45 AM ET

    Though the Federal Reserve’s stimulus efforts have wide approval among investors and bankers, some argue its policies distort and harm the economy.

  • Small banks & the Volcker Rule Wednesday, 15 Jan 2014 | 1:00 PM ET
    Small banks & the Volcker Rule

    CNBC's Kayla Tausche reveals why regulators have gone back to the drawing board on certain parts of the Volcker Rule, and what it means for the banks.

  • Potential amendment to Volcker Rule Friday, 27 Dec 2013 | 3:45 PM ET
    Potential amendment to Volcker Rule

    CNBC's Mary Thompson reports regulators are reviewing a ban on banks holding certain debt securities, and explains how this will impact smaller banking institutions.

  • Bair: Banks need a better strategy Friday, 27 Dec 2013 | 11:21 AM ET
    Bair: Banks need a better strategy

    Former Fed Chair Sheila Bair shares her thoughts on the Volcker Rule and weighs in on the state of the banking sector. CNBC's Rick Santelli provides perspective.

  • Fed celebrates 100th anniversary Monday, 16 Dec 2013 | 2:03 PM ET
    Fed celebrates 100th anniversary

    Three Fed chairmen from different eras: Paul Volcker, Ben Bernanke and Alan Greenspan. CNBC's Steve Liesman provides insight.

  • Bernanke's history not written ... yet: Liesman Monday, 16 Dec 2013 | 1:20 PM ET
    Bernanke's history not written ... yet: Liesman

    Looking back on 100 years of the Federal Reserve, with Ylan Mui, The Washington Post; Greg Ip, The Economist; and CNBC's Larry Kudlow and CNBC's Steve Liesman.