Sep 16, 2014

Speculation swirls over Fed language on rate hike

When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words: “Considerable time.” The presence or absence of that phrase will trigger a rush to assess the likely timing of the ...

Wall St. retreats on Yellen's comments on valuations

Jul 16, 2014

Wall St. retreats on Yellen's comments on valuations

U.S. stocks fell on Tuesday after Federal Reserve Chairwoman Janet Yellen and her fellow Fed policymakers raised concerns about “substantially stretched valuations” in some sectors. In the monetary policy report accompanying her congressional testimony, Yellen said that “equity valuations of smaller firms as well ...

Asset bubbles loom over 2014

Dec 14, 2013

Asset bubbles loom over 2014

Cash is so cheap these days that investors have been borrowing and plowing them in assets from artwork to wine to bitcoins, betting that prices would rise. And rise they did, some even setting records, but market watchers are now warning that asset bubbles ...

Sep 22, 2013

The Fed's surprise decision

The decision by the U.S. Fed to continue its bond-buying program surprised financial market players who had thought that the U.S. was on a path of gradual economic recovery.

Aug 22, 2013

Federal Reserve split on timing of stimulus reduction

The Federal Reserve debated changing its plans for raising interest rates so it could keep its easy-money policy in place longer, according to documents released Wednesday. The minutes of the Fed’s policy-setting meeting in July show that officials discussed at length for the first ...