U.S. stocks were set to open higher Tuesday as investors considered more earnings reports and Federal Reserve chairman Ben Bernanke's testimony before a Senate committee.
George Osborne on Thursday night announced plans for a £100bn support programme for the British economy, as he battened down the hatches for a worsening "eurozone debt storm".
Hong Kong should review its US dollar peg and consider linking its currency to the renminbi, according to Joseph Yam, former head of the Hong Kong Monetary Authority.
European Central Bank officials voted Wednesday to hold interest rates steady, even as the debt crisis in the euro area intensifies.
The International Monetary Fund has called on the Bank of England to cut interest rates and resume printing money to boost demand in the economy. It has also asked the UK government to prepare a Plan B for deficit reduction if these measures do not work.
Greece's exit from the eurozone "would be possible," even if not in Europe's interest, and countries should have a democratic right to quit, according to a member of the ECB's governing council.
So much for the bond bubble bursting.
Chinese consumer inflation rebounded slightly in March leaving policy makers less room to ease monetary conditions to prop up the slowing economy even though persistent price rises appear largely under control.
updated: Mon Apr 09 2012 06:17:00
CNN's Eunice Yoon explores the rich-poor divide in China and its challenges for the country.
There was nothing good about the Good Friday jobs report. But was the slowdown in hiring in March bad enough for the Federal Reserve to once again consider more stimulus for the economy?
All eyes will focus on Federal Reserve Chairman Ben Bernanke and his team of nine as they spend two days mulling over what monetary policy levers to pull to give the stalled U.S. economy a boost.
1994 was great for movie fans. "Pulp Fiction." "The Shawshank Redemption." "Forrest Gump." But bond investors definitely would rather forget that year.
Call it the most profitable bank in the world.
The U.S. economy appears to be gradually improving -- and the dollar is coming along for the ride. Imagine that.
Repeat after me. There is no need for more QE. There is no need for more QE. There is no need for more QE.
The Federal Reserve takes a lot of heat from critics for keeping interest rates low. But there's an upside that most people overlook: Low interest rates save the government money.
Housing is still one of the biggest drags on U.S. economic growth, but don't look to the Federal Reserve for help. The central bank may have few tools left to fix it.
Debate over whether the Federal Reserve would pull the trigger on QE3 started even before QE2 ended last summer.
Investors clamoring for another round of Federal Reserve bond buying need to root for a blue Christmas. That's according to St. Louis Fed President James Bullard, a self-described inflation hawk and influential member of the central bank.
The head of the New York Fed continued his push for more aid for homeowners Thursday, stressing the central bank is not yet "out of ammunition."
Investors stayed in risk mode Wednesday after Federal Reserve announced that it would leave rates near zero and carry on with Operation Twist.
The best you can say about "The Godfather: Part III" is that Sofia Coppola recognized her limitations and now spends more time behind the camera than in front of it. "Superman III" proved that Richard Pryor was no Gene Hackman.
A conservative critic of "too big to fail" banks has been tapped for a key position to do something about them.
The Federal Reserve. It's the one institution almost every Republican presidential hopeful loves to hate.
CNNMoney guest columnist Scott Boyd is a currency analyst with Toronto-based foreign exchange trading firm OANDA.
The Federal Reserve has very little left in its bag of tricks to help stimulate the economy. And experts say whatever comes next may not have enough of an impact to pull the economy out of its slump.
"Potent" and "appropriate" were the words two Federal Reserve officials separately but simultaneously used to describe the central bank's tools to boost the economy Monday.
Investors may be expecting Operation Twist, but what they really want: a surprise grand gesture to woo them back into stock market.
Republican leaders in Congress have asked Federal Reserve Chairman Ben Bernanke to refrain from any further monetary stimulus during policy makers' two-day meeting ending Wednesday.
European central banks have become net buyers of gold for the first time in more than two decades, the latest sign of how the turbulence in the currency and debt markets has revolutionised the bullion market.
Stocks saw a Ben Bernanke-fueled rally Friday, even though the Fed Chief warned that the economy continues to remain weak in the short term.
Economists aren't looking for Federal Reserve Chairman Ben Bernanke to announce some new plan to rescue the struggling U.S. economy in a much-anticipated speech this Friday.
The Federal Reserve may have one last thing it can do to help stimulate the economy that wouldn't necessarily be considered "treasonous" by a certain presidential candidate.
Texas Governor Rick Perry has been on a Bernanke-bashing binge this week, demanding on Wednesday that the Federal Reserve "open their books up."
News flash for harried traders! The Federal Reserve may have two mandates. But placating Wall Street isn't one of them.
This hasn't been a fun summer for investors.
How much clearer can Ben Bernanke be?
The U.S. economy's growth rate will pick up over the rest of 2011, to nearly 3 percent, according to projections presented to Congress Wednesday by Federal Reserve Chairman Ben Bernanke.
Gold jumped to a record high Tuesday after the minutes from the Federal Reserve's June policy meeting indicated the central bank might be open to more monetary stimulus.
Some readers have criticized me for being a little too negative lately. So in the spirit of Monty Python's "Life of Brian," I am going to do my best to always look on the bright side of life. Here goes.
QE2 is just about done. But the Federal Reserve will still be buying massive amounts of long-term Treasuries.
Four reasons are emerging for President Obama's surprise decision Thursday to release 30 million barrels of oil from the nation's strategic reserve -- economic stimulus; a looming supply shortage; a wake up call to OPEC; and a warning shot to speculators in the oil market.
Ben Bernanke might as well have worn bell-bottom pants at Wednesday's press conference.
Ben Bernanke and the rest of the Federal Reserve have grown more pessimistic about the state of the U.S. economy.
The Federal Reserve's latest round of stimulus ends on June 30, but economists think it's no big deal.
The Federal Reserve meets next week to discuss monetary policy.
A cloud is brewing over the already fragile U.S. recovery. From jobs to housing, the numbers haven't been good -- and Treasuries are feeling every blow.
Nobel prize winner Peter Diamond has withdrawn his nomination to the Federal Reserve, citing opposition by Senate Republicans.
Treasury prices continued to rally Friday after a disappointing labor report added to concerns about the strength of the economy.
There is a growing sense of unease about the economy, and investors are starting to flock back to so-called safe havens as a result.
Rick Rieder is not the best-known man in bonds. That honor belongs to Pimco's Bill Gross, manager of Total Return, the world's largest bond fund. But Rieder, 49, is a titan in his own right. As the chief investment officer of fundamental fixed-income portfolios at BlackRock, the world's largest asset-management firm, he oversees $595 billion in investments. Before joining BlackRock in 2009, Rieder spent 20 years at Lehman Brothers; was CEO of the $1.5 billion credit fund R3, which he and his partners bought out of Lehman after the bank melted down; and was vice chairman of the Treasury Department's borrowing committee. Recently Rieder has grabbed attention for his bullish outlook on Treasuries. That position puts him squarely opposite his more famous counterpart Gross, who's been dumping Treasuries ahead of the end of the Federal Reserve's quantitative easing program, or QE2. Fortune caught up with Rieder to talk about why he thinks Treasury yields will stay stable after the Federal
While a portion of Wall Street continues to cheer this two-year-old bull market, there's a growing chorus of strategists who say now is the time to switch up strategies and start playing defense.
A few Federal Reserve officials are skeptical that the central bank should carry out its full $600 billion bond-buying program through June.
Inflation fears are everywhere these days thanks to surging commodity prices.
Treasury prices fell Thursday after a disappointing sale of $16 billion of 30-years bonds.
Treasury yields edged higher Wednesday, following comments about inflation concerns from Federal Reserve chairman Ben Bernanke.
Bond traders are waiting to hear what Fed chairman Ben Bernanke has to say about inflation and the economy when he holds his first post-Fed meeting press conference Wednesday afternoon.
If Ben Bernanke goes to sleep at night cursing the names of Barack Obama and Paul Ryan, you can hardly blame him. The Federal Reserve chairman's job has just gotten a lot tougher.
The fate of the U.S. dollar for the remainder of the year will hinge on the Federal Reserve's actions, as analysts try to look into their central bank crystal ball for clues about the Fed's future monetary plans.
The nation's central bank is nearing a "tipping point" on its policy-making decisions, Dallas Federal Reserve President Richard Fisher said Friday.
Have you heard about the hottest new trend in Europe? It's all the rage in Paris, Milan and Berlin. Inflation!
Treasury prices fell Wednesday as concerns about rising inflation and the outlook for interest rates in Europe and the United States took center stage.
Treasury prices edged slightly lower and yields continued their recent climb higher, but investors kept an eye on continuing political unrest and global economic news Tuesday.
Members of the Federal Reserve are in sharp disagreement about how to address rising prices.
By the end of the second quarter, the Fed's QE2 program, which has helped fuel a six-month stock rally, will come to an end. But that won't stop the momentum.
The Treasury market bounced around a bunch in the first three months of the year, but it didn't really go anywhere, as investors were pulled between signs of a recovering economy and a slew of geopolitical crises.
There is often a perverse logic to how investors treat news about the job market.
Caught between geopolitical and environmental disasters worldwide, a tepid U.S. economic recovery and long-term fiscal debt issue, the bond market has been trading in a pretty tight range lately.
Forget about all the buzzer beaters and upsets in the NCAA basketball tournament. If you want real madness, check out the stock market this month.
The nation's economic recovery is getting stronger but inflation remains in check, according to the Federal Reserve. The Fed said Tuesday it will remain on its current course of pumping more cash into the economy.
It's time to turn the clocks forward Sunday. But in the bond market, investors have turned the clock back to late January.
If oil prices continue to climb, it could force the Federal Reserve to make a new round of asset purchases, according to Atlanta Fed President Dennis Lockhart.
Treasury yields have risen and fallen in the last month but yields are basically where they were a month ago. And until there is some resolution of Middle East geopolitical tensions, Treasury yields will likely stay stuck.
The Federal Reserve is not to blame for the rise in global commodity prices and it should continue its controversial purchases of Treasuries, according to New York Fed President William Dudley.
William McChesney Martin, Jr., the Federal Reserve chairman during the 1950s and 1960s, famously joked that it's the job of the central bank to "take away the punch bowl just when the party is getting started."
Just when the U.S. economy seemed to be getting its footing, a number of new obstacles risk tripping it up.
U.S. stocks ended at fresh multi-year highs Thursday, as investors focused on an upbeat manufacturing report and looked past indications that inflation is heating up.
Facing off against some of his toughest critics on Capitol Hill Wednesday, Federal Reserve Chairman Ben Bernanke told lawmakers they need a "credible program" to reduce the nation's growing deficit.
A strengthening U.S. economy and growing concerns over inflation will likely push the benchmark 10-year Treasury yield back over 4% this year, experts say.
Treasuries are on a wild roller coaster ride to nowhere.
Looks like the new year brought no change for the Federal Reserve.
The U.S. economy is slowly but surely nursing itself back to health.
If you owed somebody a lot of money, let's say for the sake of argument nearly $900 billion, you probably wouldn't want to make this creditor angry, right?
American consumers saw prices rise on everything from rent to food to gas last month, as inflation pressures around the world creep higher. The U.S. Consumer Price Index, a key measure of inflation, increased 1.5% over the past 12 months ending in December, up from 1.1% in November, the Bureau of Labor Statistics said.
Federal Reserve Chairman Ben Bernanke said the central bank's latest effort to pump money into the economy is partly responsible for the rise in the stock market, but not for the reason critics think.
The Federal Reserve's newest round of voting members are gearing up to make their opinions count at the next meeting on monetary policy in two weeks, and some are still expressing their distaste for the Fed's latest bond purchases.
Investors are optimistic that stocks will continue to recover in 2011, but it will be far from a smooth ride, thanks to a number of potential road blocks along the way.
Is there such a thing as currency vigilantes? If so, do they wear masks like Zorro and leave "$" as their mark?
The Federal Reserve said the nation's economy is still recovering, but not fast enough for it to drop its controversial efforts to spur greater growth.
The Federal Reserve has been in the hot seat since its last meeting. But don't expect its embattled policymakers to signal any significant change of heart when they meet Tuesday.
The Fed is taking heat from just about everyone lately.
The price of crude is perilously close to $90 a barrel and the average cost for a gallon of gas is inching toward $3 nationwide. If they keep climbing, that could put a serious dent in economic recovery hopes for 2011.
Treasuries started climbing early Monday, as Fed Chairman Ben Bernanke's pessimistic comments about the job market over the weekend boosted the safe-haven appeal of U.S. government debt.
On the heels of a disappointing jobs report, the country's top economist told 60 Minutes the outlook isn't much brighter.
Federal Reserve Chairman Ben Bernanke this Sunday will make his second appearance on 60 Minutes, defending the central bank's controversial $600 billion bond buying program.
Cries for changing the Federal Reserve's job description are growing louder.
When Federal Reserve policymakers met behind closed doors earlier this month to discuss the controversial policy of quantitative easing, the debate was a contentious one.
There's dissension in the ranks of the Federal Reserve, and things are about to get even more tense at the central bank.
Question: What do Joe Stiglitz and Paul Volcker on the left and Martin Feldstein and John Taylor on the right all have in common?
The People's Bank of China raised the reserve requirement ratio for its banks by a half-percentage point on Friday in an attempt to control the flow of new money and combat inflation.
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