A stunning revelation overnight from Bank of England Governor Mark Carney...
The Federal Open Market Committee (FOMC) has begun its two-day policy meeting, and we predict no sleep for Chair Yellen.
The Federal Reserve will probably raise its benchmark interest rate faster than money-market investors expect, according to a majority of economists surveyed by Bloomberg News.
Treasury 10-year notes fell for the fifth straight day, the longest stretch of losses since October, after the Institute for Supply Management’s non-manufacturing index rose more than forecast in May.
Here’s what to look for when the Federal Reserve releases minutes from the Federal Open Market Committee’s April 29-30 meeting at 2 p.m. in Washington.
Listening to factory purchasing managers and homebuilders, it’s easy to see why Vincent Reinhart believes the U.S. economy is on the verge of taking off even as the federal government shuts down.
Treasuries fell as reports showed initial jobless claims were lower than forecast last week and a manufacturing index expanded, adding to speculation the Federal Reserve will raise interest rates at some point next year.
President Barack Obama should find happiness in the U.S. economy’s “Misery Index” -- as long as he focuses on its national reading rather than its state-by- state gauges.
America’s banks are regaining their appetite for U.S. government debt.
The “new normal” U.S. economy is starting to look more like a classic expansion.
"We' going to see a bounce back after weather held everything down in the first quarter."
- Carl Riccadonna on Jun 17, 2014
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