Posts Tagged ‘ben-bernanke’

Gold Remains Elevated After Fed’s Dovish Stance

by Christopher Lemieuxon June 18, 2014 9:26 pm BST
Gold prices remain in positive territory after the Federal Reserve decided the US economy was strong enough to continued the reduction in monthly asset purchases to $35 billion, but the FOMC minutes statement relayed a continued dovishness as the central bank has decided to keep the short-term interest rates near zero. The decision to keep […]

Negative Deposit Rates Not Guaranteed to Make Banks Lend Says Caruana

by Christopher Lemieuxon June 3, 2014 7:06 pm BST
As the European Central Bank (ECB) meeting looms on June 5, one of the primary tools the central bank are likely to implement is negative deposit rates, which currently stand at zero. This is aimed to help those seeking credited and loosen the extreme credit tightening seen in the eurozone. Effectively, banks would be charged a […]

Yuan Continues in Collapse Mode as Rest of Asian FX Sink on Yellen

by Christopher Lemieuxon March 23, 2014 6:19 pm BST
The Chinese yuan has continued its full on collapse against the greenback as the People’s Bank of China (PBOC) widened the trading band, allowing the market to have a more hands on approach to its direction. The weakening fundamentals and uncertainty surround credit defaults continue to lead the yuan lower. The first casualty of the […]

FOMC Minutes Show Taper Is On Course, Fed Funds Rate Linked to Unemployment

by Christopher Lemieuxon February 19, 2014 7:53 pm BST
The FOMC minutes showed that the Federal Reserve will change their guidance on interest rates as unemployment improves. Originally, former Chairmen Ben Bernanke assured the markets that borrowing costs would not increase prior to 2015, but January’s minutes give an indication that the central bank wants to move towards normal monetary policy. Several FOMC members […]