If you racked up big gains in the stock market last year, you have Ben Bernanke and his cohorts at the Federal Reserve to thank.
Posts Tagged ‘ben bernanke’
The US dollar enjoyed a second strong week, riding on better than expected data. Will it take a break now, or continue climbing?
WASHINGTON — The Federal Reserve’s decision to postpone any pullback in its economic stimulus immediately ignited a debate: Was the Fed right or wrong to delay the inevitable?
For long weeks, expectations have been building up to the big FOMC decision, that supplied a big drama in financial markets when the Fed surprised and decided not to taper QE. A lot has been written around the event.
After years of the Fed pumping $85bn a month into financial markets, the strength of the American recovery will be tested As Barack Obama gears up to announce Ben Bernanke’s successor, the Federal Reserve chairman is expected to make the deeply symbolic gesture this week of announcing the beginning of the end of quantitative easing – the drastic depression-busting policy that has led the Fed to pump an extraordinary $85bn (£54bn) a month into financial markets. It will signal the Fed’s belief that the US economy is on the mend, but it could also frighten the markets and hit interest rates
OTTAWA — The anticipated tapering this week of the U.S. Federal Reserve’s $85-billion bond-buying binge would come as a great relief to Canada’s central bankers
Lawrence Summers, who was considered the leading candidate to replace current Federal Reserve Chairman Ben Bernanke, has withdrawn his name from consideration, the White House said Sunday.
Possible Bernanke Fed successor Summers slammed by critics who claim he helped cause the financial crisis
WASHINGTON — President Barack Obama could be months away from announcing his pick to replace Ben Bernanke at the Federal Reserve, yet critics are already making an unusual public effort to stop one contender in the race – former U.S.
Financial stability, economic growth and jobs creation are likely to be top of the agenda at the G20 summit in Moscow and any commitment to closer global coordination over economic and monetary policies could prove bullish for commodity and risk currencies.
Australian dollar is gaining ground today following yesterday’s somewhat dovish remarks from Ben Bernanke. Aussie is sensitive to
The market moving comments from Ben Bernanke came in the Q&A and were not part of the carefully structured message. However, falling inflation expectations could be a key element to push QE tapering back from September towards later in the year, says Simon Smith of FxPro
If You Missed Today’s Up-Move, Don’t Blame Us Interestingly enough, 24 hours before Ben Bernanke made his announcement and spruced the markets up dramatically, MarketClub’s Trade Triangle technology picked up buy signals on the DOW at 15,340.09 and on the S&P 500 at 1,654.19. These signals came in a day before today’s huge move to
Canadian dollar is getting a