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Federal Reserve System

the fed

N.Y. Fed Hacked for $81 Million in Modern Day "Wild West" Bank Heist

The N.Y. Fed – hacked by cyber-criminals on Feb. 5 – had $101 million in Bangladesh Bank funds stolen from it by alleged Chinese hackers.

And the finger-wagging has already begun.

Here's a look at who made the biggest mistake in one of the largest Internet heists in recent history...

The Fed

What Today's Federal Reserve Meeting Means for Investors

At the U.S. Federal Reserve meeting today (Wednesday), Fed Chairwoman Janet Yellen said she expects the pace of rate hikes in 2016 to be "gradual," although that could change with economic conditions.

Many economists predict at least two more 0.25% interest rate hikes this year. That would bring the Fed's target interest rate up from 0.50% to 1%. As of Wednesday's meeting, the Fed left interest rates unchanged at 0.50%.

But by June, the CME Group expects there's a 51% chance of a rate hike...

The Fed

What the FOMC Meeting Today Means for Investors in 2016

The March FOMC meeting concludes today when the U.S. Federal Reserve releases its policy decision.

Now the focus shifts to what the decisions from the FOMC meeting today mean for investors and their money.

Before we get to that, here;s what investors are looking for from today's meeting...


Marc Faber Warns of Fed-Created Global Socialism, Backs Donald Trump

Marc Faber spoke with CNBC on Sunday to explain why he's worried that central banks, including the U.S. Federal Reserve, are rapidly contributing to the rise of global socialism.

The famed Swiss investor also backed GOP front-runner Donald Trump during his interview, for one surprising reason.

Here's what Faber had to say about nasty central banks, their bad policies, and the billionaire businessman he wants to see as the next U.S. president...

The Fed

How a Federal Reserve Interest Rate Hike Hands Over Billions to Big Banks

Big banks around the world are secretly rooting for another U.S. Federal Reserve interest rate hike this week.

That's because every Federal Reserve interest rate hike causes an immediate spike in their income. Last year the U.S. Federal Reserve paid out $6.9 billion to the Big Banks, including more than $100 million to Goldman Sachs Group Inc. (NYSE: GS) and more than $900 million to JPMorgan Chase & Co. (NYSE: JPM).

Here's how this insanity started - and why it's bound to get worse...

Wall Street

If You Want an Accurate Financial Forecast, Ask a Waiter

Many investors really start to study the markets this time of year in an effort to divine what's next for global markets and, by implication, their portfolios.

But for an accurate financial forecast, I turn to the world's top steak houses, which are known haunts for global traders anxious to blow off some steam and have a fabulous meal.

Today I'm going to talk about what's not"on the menu" – pardon the pun – and why. Then, I'll highlight an investment poised for profits as a result.

Here's what waiters can tell you that economics can't.

The Fed

Germany's "Yellen" Just Shamed the U.S. Federal Reserve

Germany's finance minister just accused the U.S. Federal Reserve of destabilizing the markets with its commentary.

His warning comes just two days before the G20 meeting of finance ministers and central bank governors in Shanghai, China.

Interestingly enough, when asked about Deutsche Bank's possible demise, Germany's "Yellen" was a little less outspoken...

The Fed

Negative Interest Rates Mean Your Government Is Betraying You

Nearly 500 million people now live in countries with official negative-interest-rate policies, and the United States may be next.

Seven years of zero interest rates have already severely punished savers; negative interest rates will finish the job by confiscating their capital for the mere privilege of depositing it in a federally licensed banking institution.

Make no mistake. NIRP is a desperate, last-ditch measure, and it couldn't come at a worse time. Here's the deal.

The Fed

The Best Investment When the Fed Turns to Negative Interest Rates

Negative interest rates used to be a thing of central banking fiction.

Now it looks like our Federal Reserve is considering negative interest rates, too.

At a testimony before Congress on Feb. 10, U.S. Federal Reserve Chairwoman Janet Yellen said there was nothing to prevent the United States from adopting negative-interest-rate-policy (NIRP).

NIRP signals a lack of confidence in an economy to investors. When the Fed turns to negative interest rates, it will encourage investors to exit stocks and stockpile their cash.

Money Morning Resource Specialist Peter Krauth has the one perfect investment to protect your money against this disastrous monetary policy.

The Fed

How the Federal Reserve's "Nuclear Option" Is Threatening Our Economic Freedom

The soldiers of fortune at the U.S. Federal Reserve have devised an insidious plan to solidify their control over free markets and America.

This prescription envisions banks lending cheaply and consumers spending robustly, spurring economic growth and propping up beleaguered markets.

But the reality is quite different. Here's what's really going to happen, and how, if the Fed wins the battle it's about to wage, Americans will lose their war for economic freedom.