The national debt would surge under a Donald Trump presidency, though not as much as originally thought, according to a new analysis.
WASHINGTON— Janet Yellen's Federal Reserve has demonstrated one of the core tenets of central banking: On the Fed panel that sets interest rates, some votes are more equal than others. The 7-3 vote reflected "no" votes from the presidents of three regional Fed banks— Esther George of Kansas City, Loretta Mester of Cleveland and Eric Rosengren of Boston.
Federal Reserve's monetary policy meeting, which ended at 2 p.m. with the release of a policy statement, followed by a news conference by Chair Janet Yellen:. Fed Chair Janet Yellen says Fed officials have been "distressed" to see banks only addressing problems of employee misconduct after they crop up, rather than having solid procedures in place to ensure that...
Aug 11- Big Wall Street banks are asking the U.S. In deciding whether to grant Wall Street more leeway, the Fed has asked banks to provide details on their specific investments to prove that they fall under the statutory definition of "illiquid," said the people, who requested anonymity to discuss non-public regulatory discussions. They are making their push in...
Aug 3- A bond market unprecedented in history means investors face the risk of potentially unprecedented losses. Fitch Ratings published a study this week finding that if global sovereign bond yields revert just to where they were in 2011, investors would suffer losses of as much as $3.8 trillion, a bit more than 10 percent of the $37.7 trillion in outstanding...
June 23- A federal court's striking down of the government's designation of insurer MetLife Inc as "too-big-to-fail" could undermine efforts to head off another financial crisis, authors of the landmark Dodd-Frank Wall Street reform law said. In a brief filed on Thursday with a federal appeals court, former Senator Chris Dodd, former Representative Barney...
*Japan intervention talk cuts volatility, drives markets. Crude oil futures surged about 6 percent as encouraging economic indicators in the United States and Europe boosted hopes of rising demand. After Thursday's market close, Yellen said in a rare appearance with former Fed chairmen Ben Bernanke, Alan Greenspan and Paul Volcker that the U.S. economy was...
NEW YORK, April 8- U.S. Crude futures surged about 6 percent as encouraging economic indicators in the United States and Europe boosted hopes of rising demand. After Thursday's market close, Yellen said in a rare appearance with former Fed chairmen Ben Bernanke, Alan Greenspan and Paul Volcker that the U.S. economy was close to full strength.
NEW YORK, April 8- U.S. Crude futures rose about 5 percent as encouraging economic indicators in the United States and Europe boosted hopes of rising demand. After Thursday's market close, Yellen said in a rare appearance with former Fed chairmen Ben Bernanke, Alan Greenspan and Paul Volcker that the U.S. economy was close to full strength.
CNBC's Steve Liesman provides highlights from Thursday night's event where Fed Chair Janet Yellen was joined by predecessors Ben Bernanke, Alan Greenspan and Paul Volcker. Yellen said the Fed remains in gradual hiking mode and the U.S. is not a bubble economy.
Federal Reserve Chair Janet Yellen touted the strength of the United States economy and said she did not regret the December rate hike.
April is one of the market's best months. But a poor earnings season and March's heady gains could cause lackluster returns.
Growth is the singular economic issue of our time, says Larry Kudlow. He thinks Bush and Trump have the best ideas on taxes.
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.
What is the Federal Reserve going to do? No one knows, but here's a solution: a 1/8 of a point rate hike.
Former Fed Chairman Paul Volcker shared his thoughts on the liquidity of the bond market.
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.
A U.S. bank regulator said the Volcker Rule could cost the industry a one-time annual charge of up to $4.3 billion.
Will the bull run continue? The question is whether conditions are ripe for economic growth and corporate earnings to rise.
Ben Bernanke earned more in 40 minutes on Tuesday than he made all of last year as head of the U.S. Federal Reserve.