News
Bloomberg | Central Banks Seen Retaining Gold to Help Manage Debt as Bullion Advances
Central banks, net buyers of gold for the first time in a generation, are likely to retain their holdings even if they need to raise cash to counter an escalating debt crisis, according to Morgan Stanley.
Market Watch | U.S. dollar slides after economic data
The U.S. dollar lost ground versus major currencies on Wednesday after a report showed U.S. durable goods orders rose more than expected last month, easing worries that the economy may weaken.
CNN: Money | Economists: Fed should stay put for now
Economists aren't looking for Federal Reserve Chairman Ben Bernanke to announce some new plan to rescue the struggling U.S. economy in a much-anticipated speech this Friday.
Econ Comments
Investors | Fed's Faulty Policies Will Create Inflation, Not Jobs
Investors are worried about the solvency of many European governments and the future course of U.S. fiscal policy, especially after the protracted debate on the debt ceiling.
RCM | The Fed's QE Makes Life Difficult
It is no surprise that, after the Federal Reserve (Fed) ballooned its balance sheet from $900 billion in August 2008 to over $2.8 trillion today, stock prices have soared. This decade has already seen the effects of bubblicious Fed intervention following the then unprecedented 1 percent interest rate policy under Alan Greenspan.
