Fed Chief Janet Yellen Could Drop the Greenspan ‘Put’
While former Fed Chairman Alan Greenspan said the notion of the “Greenspan put” was a “joke, ” current Fed chief Janet Yellen isn’t laughing; she seems serious about raising rates More...
Why Jim Cramer Is Staying Away from Biotechs
Jim Cramer on his CNBC Mad Money program was bullish on biotechs all summer. This was after a surplus of biotech IPOs flooded the market in the spring, and the sector bottomed. Biotechs rebounded with a vengeance More...
Fed faces big decision over a few choice words
– Federal Reserve officials will decide this week whether to make a critical change to their policy statement that would widen the door for interest rate hikes next year and effectively bet the United More...
Jim Cramer Says Janet Yellen Made the Worst Stock Call Ever
Jim Cramer discussed his stock picks on CNBC’s Mad Dash segment. Cramer said Fed Chief Janet Yellen made the worst stock call he has ever heard when she made bearish statement about the biotech sector More...
Yellen’s ‘optimal’ model calls for rate hike this year, in theory
– Federal Reserve Chair Janet Yellen has said the tenor of economic data will decide when the U.S. central bank raises interest rates. Surprisingly, a data analysis based on Yellen’s own priorities More...
Yellen says Fed must focus on globalization
– Federal Reserve Chair Janet Yellen says the growing globalization of financial markets requires the Federal Reserve to understand how economic developments in other nations may affect the U.S. More...
Fed Chair Janet Yellen Says Bond Buying Will Cease
Fed Chair Janet Yellen announced that bond buying will be relaxed by the end of the month, given some strength in the economy, most notably, positive job numbers, as reported by the New York Times. The More...
Alan Greenspan Says Fed Policy Change May Lead to Turmoil
With Federal Reserve Chair Janet Yellen scheduled to deliver an announcement on Wednesday, Former Fed chairman Alan Greenspan says “easy does it” when it comes to tapering off bond buying. With More...
Will Fed Chief Janet Yellen Take Away The Punch Bowl?
The same question arises ahead of every Fed Meeting, “Will Fed chief Janet Yellen take away the punch bowl?” Quantitative Easing, or buying bonds to keep interest rates low and to stimulate More...
Former Fed Chief Ben Bernanke: QE Worked in Practice, But Not in Theory
When Ben Bernanke departed as Chairman of the Federal Reserve last year, he was asked if Quantitative Easing really worked. He quipped, “The problem with QE is that it works in practice, but it doesn’t More...