QE3

Set your alarms for August because QE3 is coming. So, are us simpletons really expected to believe that Helicopter Ben is about to be grounded? Even after the Fed said Wednesday that it had trimmed its 2011 and 2012 growth estimates for the U.S. economy, that it projects unemployment to be...

On Wednesday, the Bank of England's minutes showed that policy makers were considering additional bond purchases as the British economy continues to struggle. The Bank of England's Monetary Policy Committee voted 8-1 to maintain the bond-purchase program at 200 billion pounds, Bloomberg reported...

PIMCO's Bill Gross just tweeted the big news of the day. Gross said that the next Jackson Hole meeting, which is scheduled for August, will likely hint at a third round of quantitative easing, as well as interest rate caps. Yesterday, I discussed a possibility of a third round of quantitative...

All eyes and ears will be on Ben Bernanke tomorrow, and everyone will be listening and analyzing every single words, dissecting it a million different ways. The Federal Open Market Committee (FOMC) is holding its two-day meeting which starts today, and the decision will be released tomorrow at 12:...

On Tuesday and Wednesday the Federal Open Market Committee will meet to discuss future monetary policy. The decision the FOMC reaches may dictate the flow of the U.S. economy for the remainder of the year. According to The Wall Street Journal, the general consensus from economic commentators is...

On Friday, The University of Michigan's report on consumer confidence was released. According to the report, inflation expectations rose to 3.0% from 2.9%, the second highest figure in 2011. Silver jumped nearly $0.30 in seconds to approach $36, while gold rose roughly $10. Historically,...

The United States of America may potentially be on the precipice of a Greek-style debt crisis within a few years, and our economy is increasingly looking like it may be at risk of entering another recession - and the Financial Crisis 2.0 could make the Great Recession look tame. Simply put, the Fed...

Despite poor economic numbers, the Dow Jones, the NASDAQ, and the S&P 500 all rallied on Thursday morning. Is this a sign of increasing inflation expectations among investors? On Thursday, the Labor Department reported jobless claims of 414,000. The number represents a drop of 16,000, but any...

The general consensus among foreign-exchange professionals is that there will be no third round of quantitative easing. Bloomberg surveyed the professionals that attended its FX Summit in London last week and found that 65% believed that there would be no QE3. The Federal Reserve is set to...

Now that we've all digested the brats, burgers, and barbecue that come with Memorial Day, two things are official. One, my mother makes the best potato salad in the mid-West. (It might be the mix of mayo and miracle whip that really ties the flavors together.) That probably won't do much for your...

QE2, the program that the bi-winning Fed started last November to buy $600 billion of US Treasuries, is scheduled to end in late June. While the market is still priced for a continuing QE2 or a QE3 program, some people are not so certain. Among the doubters, the most influential person is likely...

We just saw fourth quarter GDP come in much lower than expected, as the economy grew at a 2.8% clip in the fourth quarter. Expectations were for a rise to 3.3%, up from the initial reading of 3.2%. The futures initially sold off on the print, but have since rebounded all their gains and then...