Two Federal Reserve presidents discuss why the stimulus will continue even after the slight taper Bernanke mentioned, and why continued stimulus is necessary...
Like so much in modern global finance, a currency is a matter of faith and fashion. Currencies fall when the herd stops believing in them. You lose faith when you lose trust.
The People's Bank of China warned banks to better control their liquidity, spreading fear that China's banking sector is headed for a U.S.-style collapse...
Treasury yields have been jumping lately as the market anticipates action from the Federal Reserve. What will happen when the Fed actually begins tapering?
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