Tag Archives: Federal Reserve
SALT LAKE CITY, September 26, 2012 – Zions Bancorporation (NASDAQ: ZION) today announced that it has redeemed its remaining $700 million Series D preferred stock, more commonly referred to as TARP funds. Read More
The Federal Reserve wasn’t just trying to drive down interest rates when it announced a third round of bond purchases Thursday, September 13. It also wants to make people feel wealthier — and more willing to spend.
The Federal Reserve can do more if needed. But it wants to see how the economy fares over the next few months. And it would welcome help in boosting the economy from Congress and the White House. That was the message, among others, that Chairman Ben Bernanke sent in a news conference Wednesday, June 20. Read More
The Great Recession shrank Americans’ wealth so much that in 2010 median family net worth was no more than it had been in 1992 after adjusting for inflation, the Federal Reserve reported Monday, June 11.
Interest rates aren’t budging anytime soon. That means it’s time to rethink your financial strategy. The Federal Reserve said last week that it would keep its benchmark rate at record lows for at least another three years. Read More
As the economy continues to soften and fiscal stimulus morphs into fiscal austerity, the Federal Reserve must decide whether the US economy can stand on its own, or whether the central bank must, once again, intervene actively to prop up the economy. Read More
This article was prepared by Contango Capital Advisor’s Investment Strategy Group. Contango Capital Advisors is an affiliate of Zions Direct. When will the Federal Reserve start raising interest rates? What do you think about inflation? These are the two most … Read More
For some time, we have forecast that inflation would return to relatively normal levels in 2011. In fact, we expect core inflation (inflation excluding food and energy) to rise from its near-zero year-over-year rate to closer to 2%. Read More
Burdened by an IOU totaling more than $14 trillion, the US economy is stumbling toward a debt trap – with no easy escape in sight. Read More
Jim Grant quotes obscure dead economists at length. He pines for an earlier time of gas lights and top hats when the dollar was convertible to gold. He wears bowties. Read More
Federal regulators are proposing to exempt certain mortgages from new rules aimed at getting banks to take on more risk when package and sell mortgage investments.
The Federal Deposit Insurance Corp. on Tuesday, March 29, and the Federal Reserve a day earlier voted to advance the exemption from rules required under the new financial regulatory law. Under the rules, banks must hold at least 5 percent of the mortgage securities on their books. Read More
Federal Reserve Chairman Ben Bernanke’s plan to rejuvenate the economy by having the Fed buy $600 billion in Treasury bonds is coming under renewed attack — this time from fellow Republican economists.
They argue that pumping many more dollars into the economy could eventually trigger inflation and weaken the dollar too much. The economists are making their case in a letter to Bernanke and in ads to run this week in the Wall Street Journal and the New York Times. The Treasury bond purchases “risk currency debasement and inflation, and we do not think they will achieve the Fed’s objective of promoting employment,” the economists wrote…read more Read More
The Federal Reserve’s plan to buy more Treasury bonds has incited critics at home to complain of inevitable high inflation and financial turmoil.
It turns out many foreigners are pretty angry, too. They say the Fed’s $600 billion program is a scheme to give U.S. exporters an unfair edge — one that endangers the global economy.
Is it? Or is the Fed’s plan a credible way to help end a desperate jobs crisis and revitalize a still-tepid economy?
The Federal Reserve is about to take a huge risk in hopes of getting the economy steaming along again. Nobody is sure it will work, and it may actually do damage.
The Fed is expected to announce today that it will buy $500 billion to $1 trillion in government debt, and drive already low long-term interest rates even lower. The central bank would buy the debt in chunks of $100 billion a month . . . read more Read More