“CNBC has learned that the federal reserve is contacting certain news organizations to discuss the rules and procedures surrounding the fed’s lockup room in which they release data early to reporters, in particular the lockup room that happened on wednesday last week during the fed’s no-taper decision. the fed says it is contacting those reporters…
Source: World Gold Council Gold bulls believe there is still enough momentum in the market to push the precious metal’s price above $1,400 in the near term – in spite of speculation that the U.S. Federal Reserve may start reducing asset purchases in October. Just under two-thirds of the respondents in CNBC’s poll of gold…
Published: Friday, 20 Sep 2013 | 4:27 AM ET Getty Images Ben Bernanke, chairman of the Federal Reserve. The danger with addictions is they tend to become increasingly compulsive. That might be one moral of this week’s events. A few days ago, expectations were sky-high that the Federal Reserve was about to reduce its current…
CNBC‘s Rick Santelli takes a look at the economic consequences of rising debt on the taxpayer. Transcript: the dow’s in a tight range. down about 17. let’s get to rick santelli exchange, over at the cme. hey, rick. hi, carl. we’re going to go fast, so buckle up. yesterday, of course, we saw ben bernanke kickin’ the can of normalization down the road.the day before,…
By: Katie Holliday | Writer for CNBC.com The Federal Reserve’s shocking decision not to taper, despite broad expectations for a $10-20 billion reduction of its monthly asset purchases, has reignited talk of a global currency war. Risk-on currencies like the Australian dollar, the euro and the British poundsoared in response, while the greenback dropped across the board. Now some analysts…
