FEDERAL RESERVE

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Fed's Lockhart frustrated by halting recovery

The U.S. economic recovery is disappointingly slow, but it would have to weaken much further for the Federal Reserve to consider more monetary support, a top Federal Reserve official said on Tuesday.

Fed's Fisher: Lots of liquidity in economy

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Dallas Federal Reserve President Richard Fisher said on Tuesday there was ample liquidity in the U.S. financial system and no need for the U.S. central bank to continue its extremely easy monetary policy.
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White House: obstructionism sank Fed nominee

The White House said on Monday it was disappointed Nobel Prize winner Peter Diamond's nomination to be a Federal Reserve governor was thwarted by partisan obstructionism and promised to name a new candidate soon.
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Diamond says will withdraw as Fed nominee

Nobel Prize winner Peter Diamond said on Sunday he planned to withdraw as a nominee for Federal Reserve governor, after his nomination was repeatedly attacked by Republicans.
People wait in line to attend a job fair for military veterans and other unemployed people in Los Angeles

Employment Data & Market Implications

A weaker than expected May jobs report and downward revisions to the March and April releases has rekindled fears of either a double dip recession or a stagflationary economic environment.
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Fed balance sheet hits fresh record size

The Federal Reserve's balance sheet expanded to a record size in the latest week, as the central bank bought more bonds in an effort to support the economy, Fed data released on Thursday showed.

Gold and Stocks Fall As Weak Climate Keeps QE3 On The Table

The Gold Price climbed to $1544 per ounce Thursday morning but then dropped sharply to $1520 and stabilized at $1532 per ounce, while stocks, commodities and US Treasuries were all hit after worse-than-expected US economic news and a further downgrade for Greece.
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Mischief From Cheap Money - Shocking Charts

Three trillion dollars is a lot of cash to hoard up in barely 10 years. It's a lot of cash to unleash on the world's commodity markets, too. And peak oil or not, we monetary maniacs might just have a point. Real returns to cash do matter.
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Lower jobless rate reflects benefits end: Fed

As much of a quarter of the recent decline in the U.S. jobless rate is due to long-term unemployment benefits running out, according to research from the Chicago Federal Reserve Bank published on Tuesday.
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Fed balance sheet hits another record size

The Federal Reserve's balance sheet expanded to a record size in the latest week, as the central bank bought more bonds in an effort to support the economy, Fed data released on Thursday showed.

Spiraling debt points to dollar free fall; 'there won’t be anyone to bail out US'

Experts warn that the worsening of the debt crisis means dramatic hike in interest rates, a free fall of the dollar and higher inflation. The negative impact of this scenario will be felt across the world, bedeviling economic recovery everywhere. Critics say the Federal Reserve mandarins are engaging in the outright destruction of the dollar.
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Nara Bancorp Upgraded at FBR Capital

FBR Capital Markets upgraded its rating on shares of Nara Bancorp, Inc. (NASDAQ: NARA) to "outperform" from "market perform" ahead of near-term catalysts and recent pullback, with a price target of $10.

LinkedIn's hot debut no red flag for Fed official

The red hot trading debut of professional social networking company LinkedIn Corp is not raising any red flags for a top official at the U.S. Federal Reserve, whose flood of money some argue could fuel dangerous bubbles.

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