One current and three former members of the American branch of The Committee to Destroy the World – otherwise known as the Federal Reserve – met last week in a public forum to discuss their work.
Category
Federal Reserve System
What We Learned About Federal Reserve Interest Rates in Today's Minutes
What we learned from the FOMC's March 15-16 meeting minutes is that policymakers are divided when it comes to the pace of hiking Federal Reserve interest rates and the health of the global economy.
Some are calling for an April hike, while others are leaning toward a more prudent approach.
Here's key details from today's release...
What This Week's Federal Reserve Interest Rate News Means for Markets in 2016
After another dovish Federal Reserve interest rate statement from Chair Janet Yellen yesterday, global stocks and commodities are rallying.
Investors can now expect lower interest rates to last deeper into 2016.
Here's what that means for your money now....
Here's the Size of the Scam the Fed and U.S. Companies Are Pulling on Us
Stocks have been on a tear. After looking weak in February, they've soared close to 13% in a matter of weeks.
So why does it all feel like a magic trick? Why isn't the market rally giving investors any solid feelings? Why is everyone so nervous?
I'll tell you what's going on, who's responsible, and what you need to do now. Let's get started...
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.
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...
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.
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...
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.