Thursday, May 17th, 2012

The limelight is back on the Federal Reserve, investors and earnestly pondering whether the central bank will conclude its two month long gap and proclaim some measures to help the declining economy. Federal Reserve has shown in the past before as well, who can forget their unprecedented four-year-old crusade that salvaged the financial system of [...]

According to a senior official in Bank of Korea, no significant short-term repercussions of relegation of U.S. credit rating by S&P to AA+ would be felt by it. Hong Taeg-ki, head of the foreign exchange reserve management group of South Korean central bank, said the scenario was one of the many situations on US credit [...]

For the very first time, the triple-A credit rating hitherto enjoyed by the US was downgraded by Standard & Poor’s, as it criticized both the political process of the nation and the lawmakers for meeting failure as regards cutting spending sufficiently for the reduction in record budget deficits. Now the new rating for U.S is [...]

Monday saw the stocks reeling because of the fear in everyone’s heart that the US economy is slipping gave a boost to Treasuries and a push to the dollar to another low in comparison to the safe-haven Swiss Franc. Stocks, though they had a strong opening initially, came off later on and following the ISM [...]

Increasing the prospects of non-payment by U.S. government would have witnessed your laughs pushing you out of the room until recently, when the political battle over lifting the cap on debt ceiling drew attention of the world on America’s government debt worth $14 trillion. Friday saw a major economist at High Frequency Economics, Carl Weinberg, saying [...]

With each day ticking closer to debt ceiling deadline falling next week and the Congress still adamant, who will be denied payment and who will be paid is the $14.3 trillion question. In case the debt ceiling is not raised by Tuesday, the Treasury has expressed its inability to make the payments of all the [...]

With the deadline to lift the cap on debt ceiling round the corner, and lawmakers at both sides of the aisle still digging into their heels, it is difficult to keep at bay concern about the repercussions of the “ripple effect” on the people. Individual investors — retirees in particular — are justly concerned. As [...]

Raising the debt ceiling might be achievable for Washington by Aug 2, the deadline beyond which Timothy Geithner; Treasury Secretary says that the United States will be unable to pay its debt obligations with the help of accounting tricks. However what is even more crucial is the repercussions which not raising the debt ceiling worth [...]

The nucleus velocity of inflation fell to a mark in the United States the last month, amidst belligerent fears of depression and warning that the Federal Reserve might have to take even more hostile actions as lofty as it wants to. The disinflationary services specifically in the west of economies, specifically the U.S., have appeared [...]

The long dated US treasury security prices fell and its yields rose on Friday post weak consumer data price along with the speech from the Chairman of Federal Reserve, Ben Bernanke, who led the traders for believing the fact that the central bank of US would try creating an inflation. This also meant that it [...]