All Posts Tagged With: "Federal Reserve"

Former IMF Economist Predicts “Whopper” U.S. Bank Failure, Says Global Financial Crisis Set to Get Much Worse

The global financial crisis is set to get much worse, with a large U.S. bank failure likely in the next few months, former International Monetary Fund (IMF) Chief Economist Kenneth Rogoff has warned.

Speaking at a conference in Singapore, Rogoff, now…

20Aug2008 | Money Morning | 0 comments | Continued

Bear bet that netted £141m throws fresh suspicion on collapse

It seems that Wall St. are trying to blame the straw for breaking the camel’s back. As The Independent report today:

Suspicion over the collapse of Bear Stearns is centring on a massive options trade, less than two weeks before the…

13Aug2008 | The Gold Blog | 0 comments | Continued

Inside Wall Street: That Ticking Sound You Hear Out in the Mortgage Market is the FHA

The fundamentals of economic strife based on the disastrous collapse of the U.S. housing market will not get better any time soon. In fact, what’s being pushed through both houses of Congress, even as you read this, is so dangerous…

18Jul2008 | Money Morning | 0 comments | Continued

A Plan to Grant the Fed Additional Powers Will Only Exacerbate Current U.S. Woes

Throughout history, governments have always used crises to justify blatant power grabs. All too often, the “expanded government powers” that resulted from the moves remain in place - even after the crisis subsides.

This tendency has come into sharp focus here in…

24Jun2008 | Money Morning | 0 comments | Continued

Oil Price Soars $5 on Reduced Supply, Gas Could Head Much Higher

Crude for July delivery jumped more than $5 per barrel in New York yesterday (Wednesday) to close at $136.38 per barrel on declines in U.S. supplies and refinery activity.

Supplies fell further than expected, with a 4.56 million decline to 302.2…

12Jun2008 | Money Morning | 1 comment | Continued

Four Things to Ponder and Three Ways to Act When it Comes to the Fed

There’s one thing you can almost always count on with the government: Coming late to the party.

The release of the U.S. Federal Reserve’s minutes from the April 29 and 30 meeting of the Federal Open Market Committee (FOMC) included…

3Jun2008 | Money Morning | 0 comments | Continued

Dallas Fed President Lends Credibility to Money Morning’s Prediction That the Federal Reserve Will Soon be Boosting Interest Rates

Just one day after Money Morning predicted that the U.S. Federal Reserve would soon be forced to increase interest rates, Dallas Fed President Richard W. Fisher said he expected the central bank would raise interest rates should inflationary pressures start causing…

31May2008 | Money Morning | 0 comments | Continued