The Fed says it will keep buying bonds at its current pace…
Japan is a big deal-a huge bug about to go “splat!” against the implacable windshield of its own economy; and that will affect us all.
Big Ben says: “Let the money printing continue at an even faster pace…”
The Fed announced today that it was extending its Operation Twist. So what’s next and what should investors be doing now?
Wall Street Banks Earned Billions In Profits Off $7.7 Trillion In Secret Fed Loans Made During The Financial Crisis
On this week’s program, the U.S. debt-ceiling crisis intensifies, Moody’s and Standard and Poors both talk about a downgrade of America’s AAA credit rating and… Bernanke and Co. over the Fed announced this week that they are open to yet another round of quantative easing… Friends, that means QE3 is upon us.
Editor’s Note: As FTMDaily predicted several months ago, the Federal Reserve has just announced today that it plans to launch a new round of stimulus. We have mentioned that the Fed would make the public beg for this, as stocks tumbled and the economic conditions worsened. However, it doesn’t seem like the Fed is shy about their plans anymore. The announcement is even earlier in the year than we expected. However, the announcement is not a shock to all of us here at FTMDaily. Expect more to come as the Fed lays out its plans to “boost” the economy. More about QE3 and gold-silver pricing…
Editor’s Note: QE2 ends today. The question on everyone’s mind is, “What happens now?” We believe that the Federal Reserve will eventually pump more money into the system because the government will need more money to finance its overspending. But the Fed does not like the spotlight. Therefore, the money printing will come at a very strategic time so that the nation believes it is a good thing, and that it is helping the economy to recover. The following article is an interesting commentary on the future of the Federal Reserve. Enjoy!
We believe that the Fed is ultimately planning to print more money in the form of another round of quantitative easing. However, the Fed wants the population to feel like they desperately need it. Therefore, as a prerequisite to “QE3″, stocks must be decreasing and retirement accounts must be plunging. If the majority of America’s 401(k)’s are going down in value, then the Fed would be applauded for its money printing. If the financial markets are healthy, then the Fed would be demonized for its massive influx of new cash into the system and subsequently blamed for inflation.
Federal Reserve officials are in no hurry to respond to recent indications U.S. economic growth has hit another soft patch, despite chatter in financial markets that the Fed might start a new program of U.S. Treasury-bond purchases to boost growth.
Almost three years after Bloomberg LP requested details on the emergency bank loans given out by the Federal Reserve at the height of the economic crisis, the records are finally being delivered.
What would happen if the U.S. Dollar were suddenly dropped as the world’s reserve currency? Here are 7 economic consequences of a dollar collapse.
Today, President Obama delivered his proposed 2012 budget to Congress… Total: $3.73 trillion in Federal spending for fiscal year 2012… Includes spending cuts and tax increases…
This Week’s Topic: The Battle for Egypt. This week’s special guest interview: L.A. Marzulli. Follow the Money Weekly Radio is a financial radio show about the stock markets, commodities, energy investing, the global financial crisis, where to invest money, where to buy gold and silver, saving money, finding a financial advisor, and paying off debt. Hosted by economist and best-selling author, Jerry Robinson. For the best in financial news, listen to the Follow the Money Weekly Financial Radio Show.
This week, U.S. Congressman Ron Paul continued his tireless campaign to end the Federal Reserve. On Thursday, Dr. Paul was interviewed over at the Fox Business Network.
Thomas Hoenig, the president of the Kansas City Federal Reserve bank, laid out on Thursday his proposed plan to take short-term interest rates from near-zero to 4.5%. In a speech in Bartlesville, Okla., Hoenig said the country pays a high cost for low interest rates, suggesting that the financial crisis stemmed from the very low interest rates of 2002-2005.