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Bernanke Reiterates Late 2013 Tapering, Notes Can Increase Purchases If Economy Misses Forecasts
Wednesday, July 17, 2013 - 10:56am | 646Federal Reserve Chairman Ben Bernanke's speech to the House Financial Services Committee was published an hour and a half before the speech. In the text of the upcoming speech, Bernanke once again reiterated that tapering would likely start this year if the economy moves in line with the Fed's...
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Minneapolis Fed President Naryana Kocherlakota Issues Statement Mid-Day Unexpectedly, Supports Continued Easy Policy
Monday, June 24, 2013 - 12:54pm | 735Minneapolis Fed President Naryana Kocherlakota issued a statement unexpectedly Monday, announcing his views that recent Fed communications have not been clear enough. He fully supports continued easing and argued that the FOMC has not done enough to quell rate hike fears. Asset Purchases...
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Bank of Japan Puts the Pedal to the Metal With New Easing
Thursday, April 4, 2013 - 6:54am | 589A decade after Federal Reserve Chairman Ben Bernanke travelled to Japan and preached the benefits of reflationary policy to the Bank of Japan, it finally seems as though leaders at the Bank of Japan are heeding his call. With the latest moves overnight, the Bank of Japan, led by Governor Haruhiko...
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Benzinga Market Primer: Wednesday, March 27
Wednesday, March 27, 2013 - 6:26am | 926Futures Edge Lower Despite Asian Gains, Oil Retreats From Highs U.S. equity futures edged slightly lower in early pre-market trade following gains from Asia as energy futures retreated from range highs touched Tuesday. Also, weak economic data from Europe as well as post-Cyprus fears weighed on...
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Fed Reiterates Policy, Stays the Course, Markets Unchanged
Wednesday, March 20, 2013 - 4:56pm | 636The FOMC released its interest rate and policy decision statement today alongside updated economic forecasts creating little news. In fact, the only real news was in the forecasts as they changed slightly, but the FOMC reiterated its stance to continue easing so long as the employment market...