Fed’s Fischer Leaves Door Open for September Rate Hike
Federal Reserve Vice Chairman Stanley Fischer left open the option of an interest rate increase next month. Other officials are divided on whether to wait.
Yellen Still Sees ‘Significant’ Under-Use of Labor Resources
Federal Reserve Chair Janet Yellen said slack remains in the U.S. labor market even after gains made during the five years of economic recovery.
Dallas Fed's Fisher Says No QE3 Needed
Dallas Federal Reserve Bank President Richard Fisher said Thursday the U.S. economy is getting better and repeated his view that further quantitative easing, also known as QE3, was not needed from the central bank.
Outlook 2012: Key to Alternative Investing Is More Diversification
Last year's choices for top alternative investments didn't fare so well and a change to a more diversified strategy may be the way to go in 2012.
Dallas Fed Chief: Operation Twist Unlikely to Work
In a further sign of the tension and dissention among the regional presidents of the Federal Reserve, The AP is reporting Dallas Fed President Richard Fisher opposed the central bank’s latest effort to boost economic growth because he fears it won’t work.
Fed’s Hoenig: Forget the Economy, Focus on Finances
One day before policymakers meet in Jackson Hole, Wyo. Federal Reserve Bank of Kansas City President Thomas Hoenig said there’s only so much the central bank can do to help the economy, and that the policy should pivot to focus on the country’s fiscal problems.
On Eve of Jackson Hole, CBO Pegs $1.3 Trillion U.S. Deficit for 2011
The Congressional Budget Office projection of the 2011 shortfall represents 8.5% of GDP; suggests ‘real’ GDP of 2.3% this year, improvement in jobless rate.
The SEC, the Fed, and Jobs: Advisor Briefing for the Week of August 30, 2010
What's happening this week.