Most of the Asian markets dropped Monday after the rally last week when investor confidence was buoyed by the optimism that the stimulus measures announced by the central banks in the U.S. and the Europe would help revive the global economic growth momentum.
The Occupy Wall Street protest movement is expected to resume Monday, on the 1-year anniversary of the protests. Is the coalition passé and irrelevant? Or is it a canary in a coalmine - an indicator of worsening economic and social problems in the United States?
Asian stock markets posted their biggest weekly gains in almost nine months after the U.S. Federal Reserve announced that it would purchase $40 billion in mortgage-backed securities per month for an open-ended period until the labor market improved substantially.
If sales following the iPhone 5 release date are as high as analysts predict, the Apple smartphone could aid the struggling US economy. .
Most of the Asian markets gained in the week as investor confidence was lifted following the announcement of another round of quantitative easing by the U.S. Federal Reserve which is expected to rejuvenate the economic growth.
The continued weakness of the global economy will probably leave the two regional manufacturing PMI (Empire State and Philly Fed) and the national Markit PMI at low levels in September. Meanwhile, economists expect August?s data on housing starts and existing home sales to show that the housing recovery remains intact.
Thursday's announcement by the U.S. Federal Reserve that it would be engaging in a third round of open-ended bond-buying, known as QE3, to energize the economy saw a resoundingly positive reception in the foreign financial markets, where indexes rose Friday. But market-watchers were expecting the global equity party would lead to an inevitable hangover soon, in the form of intervention by central banks around the world, to stop massive inflows of dollars into non-U.S. economies -- in short, a...
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
Asian stock markets rallied to a four-month high Friday after the U.S. Federal Reserve launched another large scale of asset purchase program overnight to stimulate the world's largest economy.
U.S. stock index futures pointed to a higher open Friday as investors kept up a buoyant mood following the announcement of quantitative easing measures by the Federal Reserve, which is expected to boost economic growth.
European markets rose Friday as investor sentiment turned positive following the announcement of another round of quantitative easing by the U.S. Federal Reserve.
Crude oil prices advanced in Asian trading Friday, extending overnight rally after the U.S. Federal Reserve launched another round of quantitative easing to rejuvenate the economic growth.
Asian stock markets made gains Friday as investor confidence was lifted following the announcement of another round of quantitative easing by the U.S. Federal Reserve which is expected to rejuvenate the economic growth.
Asian shares rose to a four-month high Friday while the dollar remained weak against other major currencies after the U.S. Federal Reserve announced an aggressive new stimulus to drive job creation in the U.S. economy.
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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.
Fed decision to buy tens of billions more in bonds lifts the price of gold to a six-month high.
The U.S. central bank lowered its forecast for economic growth this year, but it reiterated its expectations for unemployment. Further, the bank said it now expects the Fed's first interest rate hike to take place in 2015.
The Federal Reserve will begin buying more than $80 billion of securities per month in the third attempt at stimulating the U.S. economy by boosting the central bank's balance sheet.
In the statement, the Federal Reserve announced Thursday it will buy $40 billion per month of mortgage-backed securities, the start of the so-called third round of quantitative easing, QE3. The Fed also said it will continue 'Operation Twist,' bringing total securities purchased per month to $85 billion.
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.