Posted on January 27, 2012 by admin
There are just two reports are on today’s economic calendar, GDP and consumer sentiment.GDP for the fourth quarter will be reported at 8:30 a.m. ET. The consensus forecast calls for a reading of 3.1 percent.
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Posted on January 27, 2012 by admin
FOREX: Yen Outperforms as Traders Look Past US GDP to EU Summit
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Posted on January 24, 2012 by admin
The presidents of four regional Federal Reserve banks gained votes on the Fed’s main policymaking group this week for the first meeting of 2012.One has been critical of efforts led by Chairman Ben Bernanke …
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Posted on January 24, 2012 by admin
If Chairman Ben Bernanke decides the economy needs more help from the Federal Reserve this year, he probably won’t face as much resistance as he did last year.Call it the changing of the guard.As the Fed’s …
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Posted on January 21, 2012 by admin
After years of seeing General Electric Co’s shares lag the market, Chief Executive Jeff Immelt finally has a plan to win over shareholders – but first he has to win over the Federal Reserve. The head of ..
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Posted on January 21, 2012 by admin
US Dollar at Potential Crossroads as Euro Turns Around, FOMC Key
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Posted on January 18, 2012 by admin
The Federal Reserve’s latest push toward increased transparency has so far done more to muddle the outlook for interest rates than clarify it. The historic decision to begin publishing the interest rate …
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Posted on January 18, 2012 by admin
Federal Reserve officials arestaying open to further monetary easing this year as theymonitor risks that threaten to move the economy further awayfrom their mandate for stable prices and full employment. ..
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Posted on January 15, 2012 by admin
Two top Federal Reserve officials, including a policy centrist, said on Friday the central bank should hold off buying more bonds to boost growth given a strengthening in the economy. “The data has …
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Posted on January 15, 2012 by admin
The top credit rating of Europe’s bailout fund depends on additional financial backing from Germany and the other three remaining AAA-rated euro zone countries, Standard & Poor’s said on Friday.
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