The Fed Ben Bernanke

  • BENGALURU, Jan 4- Gold erased most of its early gains after touching 6-1/ 2- month highs on Friday, as Asian equities and the U.S. dollar regained some footing after Beijing announced a new round of trade talks with Washington amid fears of a global economic slowdown. Trade Representative Jeffrey Gerrish will come to China to have "positive and constructive...

  • Spot gold was up 0.2 percent at $1,296.35 per ounce, as of 0301 GMT, having earlier touched $1,298.42, its highest since mid-June. "Concerns about tepid global economic growth and volatility in risk assets is likely to keep the safe-haven asset- gold- in flavour," said Sugandha Sachdeva, vice-president of metals, energy and currency research, Religare Broking Ltd..

  • BENGALURU, Jan 3- Gold prices climbed to a fresh 6-1/ 2 month peak, moving closer to the key $1,300 an ounce level on Thursday, as concerns about economic slowdown gripped global markets and fuelled demand for safe-haven bullion. Spot gold gained 0.3 percent to $1,288.90 per ounce at 9:36 a.m. EST, having earlier touched $1,292.32, its highest since June 15.

  • Spot gold was up 0.3 percent at $1,288.49 an ounce at 1237 GMT, having touched its highest since June 15 at $1,292.32. U.S. gold futures traded up 0.5 percent at $1,290.40. "Fears of an economic slowdown are one source of the equity market volatility, thus contributing to the covering of short positions in the futures market and investors renewed interest in gold,"...

  • Spot gold was up 0.3 percent at $1,287.97 per ounce at 1045 GMT, having touched its highest since June 15 at $1,292.32. U.S. gold futures traded up 0.5 percent at $1,289.90. "Fears of an economic slowdown are one source of the equity market volatility, thus contributing to the covering of short positions in the futures market and investors renewed interest in gold,"...

  • Spot gold touched its highest since June 15 at $1,290.09, and was trading up 0.3 percent at $1,288.43 per ounce at 0443 GMT. U.S. gold futures were up about 0.5 percent at $1,290.20 per ounce. People are more interested in gold as the stock markets are under pressure and are looking at gold as a safe haven, "said Peter Fung, head of dealing at Wing Fung Precious Metals in...

  • Spot gold was up 0.4 percent at $1,287.31 an ounce by 1113 GMT, having earlier touched its highest since June 15 at $1,288.66. Economic and geopolitical concerns mean it is only a matter of time before gold shoots up, said Kunal Shah, head of research at Nirmal Bang Commodities in Mumbai. Markets are also awaiting views from Federal Reserve Chairman Jerome Powell...

  • *World shares sag as China factory activity contracts. LONDON, Jan 2- World shares started 2019 on a downbeat note, oil prices and bond yields skidded lower and the Japanese yen strengthened on Wednesday as data from China to France confirmed investors' fears of a global economic slowdown. The gloom continued in Europe, where the Purchasing Managers' Index for the...

  • *World shares sag as China factory activity contracts. LONDON, Jan 2- World shares started 2019 on a downbeat note, oil prices and bond yields slid, and the Japanese yen strengthened on Wednesday as data from China to France confirmed the picture of a global economic slowdown. China in particular saw factory activity contracting for the first time in over two years.

  • *Asian stocks dip on weak economic data from China. Asian shares turned tail on the first trading day of the new year as more disappointing economic data from China, the world's second-largest economy, darkened the mood and erased early gains in U.S. stock futures. Markets were looking for views from Federal Reserve Chairman Jerome Powell on the U.S. economic...

  • *Asia liquidity lacking with Japan on holiday. SYDNEY, Jan 2- Asian shares crept cautiously higher on the first trading day of the new year as early gains in U.S. stock futures spoke of some improvement in risk appetite. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.14 percent, as E-Mini future for the S&P 500 firmed 0.5 percent and Nasdaq...

  • WASHINGTON/ SAN FRANCISCO, Dec 30- Jerome Powell had a bumpy first year as Federal Reserve chairman when it came to talking policy, by turns spooking and comforting investors even as economic data offered increasingly mixed signals and President Donald Trump stepped up his attacks on the U.S. central bank. A lawyer and former investment banker whose long career...

  • WASHINGTON/ SAN FRANCISCO, Dec 30- Jerome Powell had a bumpy first year as Federal Reserve chairman when it came to talking policy, by turns spooking and comforting investors even as economic data offered increasingly mixed signals and President Donald Trump stepped up his attacks on the U.S. central bank. A lawyer and former investment banker whose long career...

  • JAKARTA/ BUENOS AIRES/ WASHINGTON, Dec 18- When the U.S. Federal Reserve kept lifting interest rates this year, a world away in Jakarta profits dropped to next to nothing at Andy Kurniawan's shop selling collectible action figures. When in Washington the U.S. central bank taps the brakes to cool the world's biggest economy, as it is poised to do again this week, the...

  • *Fears of a slowdown put Fed tightening under microscope. WASHINGTON/ SAN FRANCISCO, Dec 16- In June 2006, the U.S. Now, as 2018 winds down with three rate increases on the books and another expected at the end of the Dec. 18-19 policy meeting, the Fed may be similarly preparing to call time on a rate hike cycle that has proved remarkable for its tepid pace.

  • SAN FRANCISCO, Nov 8- On Thursday, the Federal Reserve surprised no one with a decision to leave interest rates unchanged. In a shift, Fed Chair Jerome Powell plans to hold a press conference after every one of the Fed's eight policy meetings each year, rather than just once a quarter in conjunction with its forecasts. In the seven years since then Fed Chairman Ben...

  • Caution tape outside the New York Stock Exchange in New York on Jan. 23, 2018.

    A new report about markets says cybersecurity presents the most important near-term threat to financial stability.

  • Former US Federal Reserve Chairman Ben Bernanke in 2009.

    A decade later, the three officials who helped pull the U.S. out of the financial crisis now struggle with the choices they made, particularly considering that the public still sees the moves as a bailout for Wall Street.

  • Geithner: US would have been better served if we had a stronger fiscal stimulus program

    Hank Paulson, former U.S. Treasury secretary; Timothy Geithner, former U.S. Treasury secretary and former New York Fed president, and Ben Bernanke, former Federal Reserve chair, join CNBC's Andrew Ross Sorkin at the Brookings Institute to discuss a reflection of the financial crisis 10 years ago.

  • Hank Paulson: We were forced to do things to protect the American people, but hard to defend

    Hank Paulson, former U.S. Treasury secretary; Timothy Geithner, former U.S. Treasury secretary and former New York Fed president, and Ben Bernanke, former Federal Reserve chair, join CNBC's Andrew Ross Sorkin at the Brookings Institute to discuss a reflection of the financial crisis 10 years ago.