FOMC

The Federal Open Market Committee is out with its minutes from the August meeting and here are some highlights: The FOMC talked about taking additional easing steps at the August meeting, and there was ultimately a compromise reached. The compromise was the 2013 language that the Federal Reserve...

Minneapolis Federal Reserve President Narayana Kocherlakota just made some extremely interest comments in a speech, discussing his dissent at the August Federal Open Market Committee meeting. While he was one of three dissenters at the August FOMC meeting, Kocherlakota, said that he is leaving...

When Goldman Sachs called for QE3 to be announced, many expected it would be hinted at, or perhaps even announced at Jackson Hole. Obviously that was not the case, with Federal Reserve Chairman Ben Bernanke not announcing any plans. Bernanke did leave the door open at Jackson Hole, but nothing...

Federal Reserve Chairman Ben Bernanke is many things, but magician is not one of them, and there is little to no chance that he announces a third round of quantitative easing tomorrow. Bloomberg is out with an article today discussing why Bernanke may in fact forego a third round of quantitative...

The Federal Reserve came out and announced that the market will have to do it on its own. There is no QE3, at least as of right now. In the statement, the Fed said it is leaving rates unchanged, and the committee anticipates inflation to remain at low levels through at least mid-2013, the first...

Everyone knows growth is slowing, it is pretty obvious to see. Unemployment is stagnant, economic numbers such as ISM, PMI, and the rest of the alphabet soup have slowed drastically, and the stock market is dropping like a rock falling from the Empire State building. The Federal Open Market...

Federal Reserve Chairman Ben Bernanke is speaking in front of Congress, and the prepared remarks basically said that QE3 is going to happen if the economy continues to worsen. Make no mistake readers, it does not look like the economy is going to get better anytime soon, and that a third round of...

Well, that was short lived. All the gains from the "QE3 rally" earlier today are gone, although gold is continuing to hold onto the gains it made after the FOMC released its minutes from the June 22 meeting. In the June 22 meeting, the FOMC discussed the potential for additional easing, should...

The markets have turned solidly positive on release of the FOMC minutes saying that the Federal Reserve has discussed the potential for QE3, should economic conditions continue to weaken. At last check, the Dow was up 50 points, the NASDAQ was up 1 point, and the S&P 500 was up 5 points.

The FOMC released its minutes from its June 22 meeting, and the Fed talked about a third round of quantitative easing. The Fed openly discussed the potential for a third round of quantitative easing, and all agreed on the need to keep interest rates low. The Fed talked about exit strategies, and...

Today the Federal Open Market Committee (FOMC) is releasing the minutes from its last meeting, held on June 22. The minutes are usually market moving. At the last meeting, the members of the FOMC, voted unanimously in favor of keeping rates where they are, in addition to having the last round of...

With concerns about the U.S. debt ceiling and European bailouts continuing to persist, many investors are looking for ways to hedge against the falling euro and greenback. Gold has become a popular investment for many, but it's not the only game in town. One answer could lie with the Swiss Franc...

This is your Benzinga news summary and traders' outlook for Thursday, June 23, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower after Fed chairman Ben Bernanke's speech yesterday and a higher U.S...

The equity markets have lost their gains, and are starting to roll over as traders digest the fact that we will not see a "QE3" anytime soon, as many had been hoping. Federal Reserve Chairman Ben Bernanke is holding a press conference to discuss the FOMC meeting, and the economic situation with...

The broader equity markets have been to tick up as Chairman Ben Bernanke is speaking at his press conference. At last check, the Dow was up 12 points, the S&P 500 was up 2 points and the NASDAQ was up 4 points. Oil is also higher, up $1.34 per barrel.