Growth is the singular economic issue of our time, says Larry Kudlow. He thinks Bush and Trump have the best ideas on taxes.» Read More
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...
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...
BOSTON, Aug 11- Few things from 1985 achieved. "As an old guy who had some 10 percent coupons mature in our portfolio in the last few years, I am devastated by their absence," said Stewart Taylor, a 60- year old government bond fund manager at Eaton Vance in Boston. For 30 years, like clockwork, CUSIP 912810 DS4, the identifier for $7.15 billion in bonds issued by the U.S....
June 8- Many U.S. states balance their budgets by using short-term techniques to make it appear spending does not exceed revenue, according to a report released on Monday that singled out New Jersey for using these budget-balancing maneuvers. The report by public policy nonprofit Volcker Alliance, founded by former Federal Reserve Chairman Paul Volcker, said...
June 8- Many states balance their budgets using short-term techniques to make it appear that spending does not exceed revenue, according to a report released on Monday by the Volcker Alliance, which singles out New Jersey for using budget-balancing maneuvers. New Jersey, whose governor, Chris Christie, is a potential Republican presidential contender in...
Bank of France Governor Christian Noyer, European Bank for Reconstruction and Development President Suma Chakrabarti, Bank of Canada Senior Deputy Governor Carolyn Wilkins, Pakistan's former Prime Minister Shaukat Aziz, Italy's former Prime Minister Enrico Letta and World Bank Group Chief Financial Officer Bertrand Badre to attend.
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.
Though the Federal Reserve’s stimulus efforts have wide approval among investors and bankers, some argue its policies distort and harm the economy.
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.
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.
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.
Three Fed chairmen from different eras: Paul Volcker, Ben Bernanke and Alan Greenspan. CNBC's Steve Liesman provides insight.
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.
The Federal Reserve is marking 100 years today with speeches from all living Fed Chairmen: Paul Volcker, Alan Greenspan and Ben Bernanke. Ylan Mui, The Washington Post; Greg Ip, The Economist; and CNBC's Larry Kudlow, discuss.
CNBC's Kate Kelly reports how the tougher rules under the Volcker Rule are impacting banks.
CNBC's Eamon Javers breaks down the 5 key exemptions of the Volcker Rule, including underwriting and risk mitigated hedging.
CLSA research analyst Mike Mayo shares his views on the Volcker Rule and says that "there's always ways for smart bankers and lawyers to get around" such precise regulations.