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August 2, 2012 Traders work on the floor of the New York Stock Exchange, Aug. 1. Wednesday and to the surprise of markets and economists did not change its policy. Before the meeting, there had been speculation in the press about renewed rounds of so-
The Federal Reserve on Wednesday offered a gloomier view of the economy as the labor market showed no sign of improvement since its last meeting. However, despite mounting signs of a sharp slowdown in the U.S. economy, central bank officials decided
Watch stocks you care about The single, easiest way to keep track of all the stocks that matter.....For a man never short on ego, he may have been underestimating himself. In one of the most startling studies I've ever seen, researchers from the
Federal Reserve System holds eight scheduled meetings in a year. The results of these meetings provide not only trading opportunities, but also extremely valuable data points for investments...If results of the meeting are in line with the
This should give a clearer understanding to the market of where each member sees interest rates headed...Therefore we'll see exactly how the new communication tool impacts market sentiment and also if the Federal Reserve will continue to maintain
The US Federal Reserve enters uncharted waters at its policy meeting this week as it reveals individual policymakers' views on the future path of interest rates. Fed-watchers generally expect the central bank will leave monetary policy essentially
More formally entitled, "Current Economic Conditions", the Beige Book report generally contains anecdotal evidence compiled from information supplied by staff at the twelve regional Federal Reserve banks about economic conditions in their district.
Text Size The latest Fed minutes, released Wednesday afternoon, revealed that the Bernanke-led central bank is growing increasingly concerned over the state of the U.S. economy...Additionally, Meeting participants generally noted that overall labor
The local currency shed nine-and-a-half centavos to settle at P43.28 per dollar against its P43.185-per-dollar close last Monday. There was a short covering of the dollar [yesterday] as the market was uncertain of the Fed's next move after its [April
Federal Reserve officials kept US monetary policy on an even keel, despite the shocks being inflicted upon financial markets as they met yesterday. US debt, but still expected the programme to end as planned by the end of June.