Fed Chairman Ben Bernanke on Sunday tried to refute arguments that the central bank’s aggressive monetary easing has sparked a global “currency war” that risks destabilizing emerging market economies.
U.S. treasury secretary Timothy Geithner lauded India's moves to keep opening its markets to outside investors and retailers on a visit to New Delhi.
Minutes from the September meeting of the Federal Reserve's rate-setting committee show it was a tense affair.
Federal Reserve Chairman Ben Bernanke, in a speech in Indiana, went back to explaining why the Fed is good for us.
U.S. Federal Reserve Chairman Ben Bernanke Monday robustly defended the bank's unconventional program to stimulate the U.S. economy, quantitative easing.
While the financial markets have improved substantially, the labor market has proven to be lackluster.
In the statement released with the initiation of the new program, it was obvious the Fed hoped to stimulate the economy while lowering unemployment and boosting the housing market.
Ron Paul's campaign against the Federal Reserve had made some headway last summer, but even Republicans who dislike the Fed's decision to start a new round of easing aren't as drastic as him in attacking the central bank
Fed Chairman Ben Bernanke offered a spirited defense Thursday of the bank's decision to launch QE3, as the central bank's third round of quantitative easing is known, amid speculation that the initiative may have been politically motivated as the presidential election nears.
Here are two places to get a live stream of the news conference that Ben Bernanke, the chairman of the Federal Reserve, will hold today following the conclusion of a two-day meeting by the central bank's rate-setting committee.
Asian stock markets were mixed Thursday as investors opted for caution ahead of the U.S. Federal Reserve's policy announcement later in the day.
The U.S. stock index futures point to a lower open Thursday as investors maintained a cautious mode ahead of the Federal Reserve meeting in which there is the likelihood of another round of quantitative easing measures to be announced to invigorate the economy.
Most of the European markets fell Thursday as investors remained watchful waiting for the U.S. Federal Reserve to announce stimulus measures to revive the economic growth.
Most of the Asian markets made gains Thursday as investors remained hopeful waiting for the policymakers in the U.S. to announce monetary easing measures to boost the global economy and rejuvenate the economic growth momentum.
Markets have been talking about QE3 for two years. Now, after a sovereign credit downgrade, the near collapse of the European financial system, and facing an anemic recovery that has only marginally helped heal the carnage in the labor and housing markets, the vast majority of financial pundits believe QE3 this week is "pretty much a given."
Asian stock markets rose Wednesday as investors remained hopeful that policymakers in the U.S. and China would announce monetary easing measures to boost the global economy and rejuvenate economic growth momentum.
Asian stock markets declined Tuesday as investors opted for caution ahead of key events including German court ruling on ESM constitutionality and the U.S. Federal Reserve policy meeting later this week.
Asian stock markets ended with gains last week after the European Central Bank (ECB) announced plan to reduce borrowing costs of struggling euro zone countries’ and news that Chinese regulators had approved another batch of infrastructure projects, which should stabilize and restore growth in the world's second largest economy. Market participants’ are likely to focus on Federal Open Market Committee (FOMC) interest rate decision on September 13th.
The week is chock-full with data releases, but the Federal Reserve's policy meeting on Sept. 12-13 will carry the most weight.
The U.S. stock index futures point to a higher open Friday ahead of the Bureau of Labor Statistics' nonfarm payrolls and unemployment reports.
The stakes are high. Friday's August jobs report will be the last major data point for the Federal Reserve to consider ahead of the Sept. 12-13 FOMC meeting.
Asian shares and the euro eased Wednesday, with investors waiting for a European Central Bank meeting on Thursday and U.S. payrolls on Friday for signs of more action to counter European debt woes and support growth.