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Could Banks Start Charging You to Hold Your Deposits?
Monday, November 25, 2013 - 2:12pm | 524Read More...Last week’s release of the October Federal Open Market Committee Minutes included a brief, but important discussion that, if acted on, could significantly change the way U.S. banks operate. The main focus of the meeting had to do with the possibility of the Federal Reserve tapering the $85...
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Market Wrap For November 20: Inflation Data Points To "No" Tapering, Fed Meeting Notes Points To "Yes" Tapering
Wednesday, November 20, 2013 - 6:02pm | 2026Read More...Investors and traders welcomed news of lower than expected inflation. The U.S. Labor Department monthly Consumer Price Index (CPI) data for October fell 0.10 percent, compared to an estimated flat reading. Year over year, the index is up 1.00 percent, in line with expectations. The Fed's target...
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Market Wrap For November 19: Home Depot's Strong Earnings Unable To Keep Dow In Positive Territory
Tuesday, November 19, 2013 - 5:34pm | 1457Read More...Tuesday, Chicago Fed boss Charles Evans said that 2013 growth will likely fall short of expectations. In what is clearly a growing sign of Twitter's (NYSE: TWTR) ability to deliver news, the Chicago Fed live-tweeted Evan's speech which was given to Illinois bankers. Most notable was: @...
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Market Wrap For November 14: We Have A New Fed Chair!
Thursday, November 14, 2013 - 5:38pm | 1641Read More...After much anticipation, Janet Yellen was officially nominated as Federal Reserve Chairperson this morning. Yellen offered no surprises during her testimony, which was prepared in advance and made public last night. U.S. markets, as expected, edged slightly higher to continue the rally that was...
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What's Coming From The Fed? Goldman Sachs' CEO Lloyd Blankfein Weighs In
Wednesday, September 18, 2013 - 12:56pm | 279Read More...Goldman Sachs (NYSE: GS) CEO and Chairman Lloyd Blankfein discussed a variety of timely topics on CNBC's Squawk Box on Wednesday morning, including the best person to replace Ben Bernanke as chair of the Federal Reserve and the impending accommodation reductions. With everyone's attention drawing...
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Experts Comment On Market Reactions To Larry Summers
Monday, September 16, 2013 - 4:43pm | 342Read More...IHS Chief Economist Dr. Nariman Behravesh and Federated Investors' Chief Equity Strategist Phil Orlando went over the possible market reactions to Larry Summers removing his name for chair of the Federal Reserve, just before the Federal Open Market Committee meeting this week, on CNBC's Squawk Box...
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J.P. Morgan Funds' David Kelly Calls For More Balance To Fed Policy
Wednesday, August 21, 2013 - 11:35am | 181Read More...J.P. Morgan (NYSE: JPM) Funds Chief Global Strategist David Kelly spent an hour on CNBC's Squawk Box as a guest host on Wednesday morning. His final thoughts were on finding balance in Fed policy by looking at both supply and demand. "I want us to focus on what the Fed can and can't do. it's more...
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US Stock Futures Flat; All Eyes On Fed
Tuesday, August 20, 2013 - 7:13am | 440Read More...Pre-open movers US stock futures were mostly flat in early pre-market trade, ahead of FOMC minutes due this week. The Chicago Fed National Activity Index for July will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average gained 2 points to 15,004.00, while the Standard &...
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Citigroup's Nathan Sheets Makes Sense Of Bernanke's Moves
Tuesday, July 16, 2013 - 10:02am | 344Read More...Nathan Sheets, Global Head of International Economics at Citigroup (NYSE: C), thinks that after this week's round of testimony, Ben Bernanke will retire as chairman of the Federal Reserve. He discussed this view on Tuesday morning as a guest on CNBC's Squawk Box. "It's been eight, long,...
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The Economist's Greg Ip Says Fed Has 'Lost Their Faith' In Expanding Balance Sheet
Thursday, July 11, 2013 - 11:16am | 316Read More...The Economist's Greg Ip appeared on CNBC's Squawk Box on Thursday morning where he discussed the ups and downs of the Fed maintaining low interest rates while tapering down bond buying. "I'm puzzling over why the market is so excited over [tapering]," Said Ip. "If you go back to May when [...
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No 'Knee-Jerk Reactions' With Economic Strategy Says Customers Bank CEO Jay Sidhu
Wednesday, July 10, 2013 - 9:06am | 530Read More...Jay Sidhu, Customers Bank CEO and Chairman, drew points to why the economy isn't going to get better while addressing the Fed's strategies for tackling the growing situation. The Fed has eased the stress of a tough economy with lower interest rates, which translates into soon-to-be retirees...
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Rafferty Capital's Dick Bove Talks Bank Earnings, Europe and Fed/FDIC 'Turf Wars'
Tuesday, July 9, 2013 - 12:41pm | 851Read More...Rafferty Capital analyst Dick Bove sees new banking regulation as a battle between the Fed and the FDIC. Bove also weighed in on Europe's growing interest in jailing bankers and talked about what we're going to be seeing from bank earnings on CNBC's Squawk Box on Tuesday morning. First Bove...
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TAMRO Capital's Tim Holland Talks July Jobs Report And Fed Policy Before Friday
Tuesday, July 2, 2013 - 10:37am | 360Read More...Tim Holland, portfolio manager and partner at TAMRO Capital (MUTF: ATASX), gave CNBC Squawk Box he thoughts on Friday's upcoming employment report and how it'll effect the markets, on Tuesday morning. During the discussion, the effect of Fed policy on the markets was also connected. "I think...
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Gold, Stocks and Tapering With Founder Of 'The Gartman Letter' Dennis Gartman
Friday, June 28, 2013 - 8:20am | 298Read More...Dennis Gartman, founder and editor of The Gartman Letter, talked about gold's plummet, tapering and stocks on CNBC's Squawk Box on Friday morning. "I've been very fortunately short of gold, long of stocks, and long of crude oil, a rather complicated trade that worked out reasonably well, and I...
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Federal Reserve Bank of Minneapolis President Narayana Kocherlakota Says Fed Funds Rate Will Stay Low
Wednesday, June 26, 2013 - 3:44pm | 597Read More...Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, appeared on CNBC's Squawk Box Wednesday morning to discuss Fed policy, including keeping the federal funds rate low so that unemployment can drop to under 6.5 percent. The market has taken a hit since the Fed's May 22...
















