iOS app Android app

Fed

Sacred Economics vs. Financial Tyranny

Kabir Helminski | Posted 01.26.2014 | Religion
Kabir Helminski

Jesus threw the banksters out of the temple and proposed the forgiving of debts. People of good faith must try to understand this system of debt-enslavement and organize to end it.

Banks Threaten To Charge You For Saving Money

The Huffington Post | Mark Gongloff | Posted 11.26.2013 | Business

In an effort to protect their record profits, banks might soon charge you for the privilege of having a savings account. I know what you're thinkin...

Central Bankers Considering Larry Summers' Desperate Idea For Ending The Depression

The Huffington Post | Mark Gongloff | Posted 11.20.2013 | Business

If you think people who save money are being punished by low interest rates, wait until they have to deal with negative interest rates. Slashing ra...

The Fed Isn't Ready To Stop Feeding The Economy Easy Money

AP | MARTIN CRUTSINGER | Posted 10.30.2013 | Business

WASHINGTON -- WASHINGTON (AP) — The Federal Reserve says the U.S. economy still needs support from the Fed's low interest-rate policies because it i...

Yellen for Fed Chair

Jared Bernstein | Posted 12.09.2013 | Business
Jared Bernstein

I've found her analysis of the problems in the recent and current economy uniquely clear and persuasive. It's not over 'til it's over, and it hasn't started yet, but I suspect she'll be approved by the Senate.

The Truth Behind Emerging Economies: Colombia Case

Felipe Ángel | Posted 01.23.2014 | World
Felipe Ángel

America's financial and economical decisions will have an effect on emerging economies in the times to come. The reversal of flows will destabilise emerging economies, and an effort to attract investment will have to be made in order to keep the increasing growth rates in the GDP.

Good News/Bad News Economy Threatens a 2013 Taper

Daniel P. Collins | Posted 11.30.2013 | Business
Daniel P. Collins

I went back and listened to Federal Reserve Board Chairman Ben Bernanke's opening statement at his press conference last week and it is clear that he has no commitment to tapering any time soon.

I Don't Believe the Fed

Nick Beecroft | Posted 11.25.2013 | Business
Nick Beecroft

Not tapering would have delivered an effective slap on the wrist to the market, the combination of the SEP and the forward interest rate guidance together meant 'they did protest too much'.

If You Don't Believe We're Already Back on a Gold Standard, Think Again

Max Keiser | Posted 11.24.2013 | Business
Max Keiser

Surprisingly, a few days later Warren Buffett made the same observation. He said "the Fed is the greatest hedge fund in history." For Warren, this is great. He is on the receiving end of the biggest transfer of wealth in history from workers and savers to borrowers and speculators.

Is growth among privately held construction firms peaking?

Mary Ellen Biery | Posted 11.23.2013 | Small Business
Mary Ellen Biery

Residential builders and remodelers make up one of the fastest-growing groups of privately held companies, according to industry data from Sageworks, ...

The Federal Reserve Has Lost Credibility And Hurt The Economy

The Huffington Post | Mark Gongloff | Posted 09.20.2013 | Business

Wall Street's big controversy today is whether the Federal Reserve lost credibility when it decided to keep flooring the economy's accelerator, after ...

Global Markets Are Not Prepared for the German Election

Gemma Godfrey | Posted 11.20.2013 | Business
Gemma Godfrey

Investors are expecting an eventual reduction of support by the Fed, and Merkel winning the election this weekend. However, what stock markets have not priced in is the resurgence of Eurozone troubles into the headlines. So what are the options, why is this important and how will this effect markets?

Good for Them! Fed Delays the Taper

Jared Bernstein | Posted 11.18.2013 | Business
Jared Bernstein

Not tapering yet won't make things much better more quickly, but they'll keep them from getting worse.

Fed To Stick With Stimulus For Now

Reuters | Pedro da Costa and Alister Bull | Posted 09.18.2013 | Business

WASHINGTON, Sept 18 (Reuters) - The U.S. Federal Reserve said on Wednesday that it would continue buying bonds at an $85 billion monthly pace for now,...

8 Eerie Parallels Between Ben Bernanke And Walter White

The Huffington Post | Mark Gongloff | Posted 09.18.2013 | Business

Five years ago, two middle-aged nerds launched risky ventures that spun out of their control. Both are now trying to end those ventures cleanly, while...

4 Reasons Janet Yellen Should Be Fed Chair

The Huffington Post | Mark Gongloff | Posted 09.16.2013 | Business

Like most Americans, you probably have no idea who Janet Yellen is, and you probably don't care. But she might soon be -- or at least should be --...

Summers Withdraws From Consideration for Fed Post -- So... What Do We Want From the Next Fed Chair?

Jared Bernstein | Posted 11.15.2013 | Business
Jared Bernstein

As I said all along, we have had two strong candidates. Let's hope the president now turns to Janet Yellen, who I believe would make an excellent Fed chairperson.

Will the Fed Kill the Recovery?

Robert Kuttner | Posted 11.08.2013 | Politics
Robert Kuttner

For decades, you could always count on the Federal Reserve to pull the plug on prosperity too soon, seeing ghosts of inflation everywhere. The Fed, responsive as it was to creditors, preferred a dose of recession to any sort of price pressures, especially wage increases. That changed with the regimes of Fed chairmen Alan Greenspan and Ben Bernanke. Greenspan was willing to keep interest rates low because the banks kept getting into difficulty after bouts of speculative excess in the 1980s and '90s and needed the cheap money to rebuild their balance sheets. The ultimate such collapse occurred just five years ago this week, when the crash of Lehman Brothers revealed the rot in the entire system, and one over-leveraged domino after another fell. The Fed, after a somewhat anomalous run as the engine of recovery, seems to be reverting to type. Trouble is, the economy won't cooperate with this scenario. Inflation is nowhere to be seen, and the recovery continues to be weak.

New Homes Bigger Than EVER

The Huffington Post | Mark Gongloff | Posted 08.27.2013 | Business

The housing bubble is back, baby! At least for the rich, anyway -- another sign of how Fed policies have most directly helped the wealthy by pumping u...

Why Is the White House Selling Us Out on the Next Fed Chair?

Sanjay Sanghoee | Posted 10.26.2013 | Politics
Sanjay Sanghoee

An even bigger problem though is that by focusing so heavily on Summers, the president has inadvertently narrowed the field down to only two candidates: Larry Summers and Janet Yellen.

Why the Fed Fears Higher Mortgage Rates

Peter G. Miller | Posted 10.21.2013 | Business
Peter G. Miller

Just the thought of reduced Fed purchases has caused investors to shiver, interest rates to rise and bond prices to fall. So, to an extent, the marketplace has already anticipated some reduction in Fed purchases.

The Banksters Master Irony: Push Summers & Geithner for Fed Due to Their Regulatory Zeal

William K. Black | Posted 10.21.2013 | Business
William K. Black

Many people make the error of believing that the banksters are dull, humorless stiffs in gray suits. Many banksters have a finely developed sense of irony and utter contempt for financial reporters' intelligence and independence.

Columnist: Protestants Are Way Worse At Monetary Policy Than Jews And Catholics

The Huffington Post | Mark Gongloff | Posted 08.16.2013 | Business

The only thing wrong with our non-stop arguments about Federal Reserve policy is that they're not quite hateful enough. Fortunately, somebody has brou...

Zach Carter

Obama: Larry Summers Would Make Excellent Fed Chair

HuffingtonPost.com | Zach Carter | Posted 08.09.2013 | Politics

WASHINGTON -- President Barack Obama on Friday pushed back against rumors that his former economic adviser Larry Summers has "the inside track" among ...

Mark Gongloff

Oh, No...

HuffingtonPost.com | Mark Gongloff | Posted 08.02.2013 | Business

So, this happened: Geithner said to advise President Obama on choice for next Fed Chairman— Bloomberg News (@BloombergNews) August 2, 2013 B...