HomeGold IRA Blogfed

fed

  • What is the Federal Reserve? Basic Questions Answered

    A central bank, according to a basic Google search, is: “a national bank that provides financial and banking services for its country’s government and commercial banking system, as well as implementing the government’s monetary policy and issuing currency”. The United States’ central bank is called the Federal Reserve, nicknamed “The Fed”. What is the history

    read more

  • Janet Yellen: “The labor market has yet to fully recover.”

    Speaking at an economic summit in Jackson Hole, Wyoming featuring top economists and central bankers from across the globe, U.S. Federal Reserve Chairwoman Janet Yellen remarked that “the labor market has yet to fully recover” from the 2007-8 financial crisis. See the full text of her speech.  Other important remarks Yellen made include: Wage growth

    read more

  • Mixed Sentiments in Latest Federal Reserve Meeting Minutes

    Minutes from the U.S. Federal Reserve’s late-July policy meeting released on Thursday were mixed in terms of a possible earlier interest rate hike. Market reactions were mixed as well, as gold fell to a two-week low, bond yields dipped, and stocks and the U.S. dollar fell at first but then rallied. “The hawkish voices within the Fed have become louder. While

    read more

  • Gold Investors Weigh Latest U.S. Economic Data Against Geopolitics

    Gold fell from a one-week high on Tuesday but was little changed on Wednesday morning as investors are weighing signs of an improving U.S. economy against geopolitical tensions in Russia/Ukraine and the Middle East. The Federal Reserve concludes their two-day meeting on Wednesday, and data is expected to show that the economy rebounded last quarter.

    read more

  • What to Watch for at This Week’s Federal Reserve Meeting

    It’s a big week for United States economic data, with the Federal Open Market Committee (FOMC) meeting on Tuesday-Wednesday, second quarter GDP figures being released on Wednesday, and employment data coming out on Friday. Markets are already reacting, with the 24-hour gold spot price reaching a one-week high of $1,312 per ounce early Tuesday morning, and

    read more

  • Fed Meeting Minutes Released, Precious Metals Rally

    Minutes from the Federal Open Market Committee’s mid-June meeting were released at 2:00 p.m. EST today and the precious metals market has reacted accordingly. Gold hit $1,330 an ounce, a rise of 1%, just a half hour after the minutes were made public. They revealed much of what was expected: there will be no hike

    read more

  • What Happened to Gold Yesterday – Who, What, When, Where, and Why?

    Brendan Conway of Barron’s wrote an article yesterday asking What the Heck Just Happened to Gold and Precious Metals? Many other market-watchers are probably asking this same question, and more importantly, they are asking who, what, when, where, and why. The Fed’s announcement made on Wednesday night of downgraded growth forecasts for the U.S. economy as

    read more

  • Gold Breaks $1300 for First Time in Three Weeks

    Gold has reached a three-week high today as investors who sold their gold before yesterday’s Fed meeting have now bought it back following the announcement hinting at continued low interest rates. Gold for August delivery, by 10:00 a.m. EST when reported on by the Wall Street Journal, was at $1,288.40 per ounce, an increase of

    read more

  • Fed Statement Announces Downgraded Outlook on U.S. Economic Growth

    We reported earlier today that gold was holding steady as the market was anticipating a statement from the Federal Reserve and a press conference by Janet Yellen, the Fed’s current Chairwoman. The statement, as expected, announced a downgraded outlook for the U.S. economy and a phasing out of its Quantitative Easing (economic stimulus) program. The Fed had

    read more

  • What Actually Happens When a Government “Prints Money”?

    In economic discussion, you may often hear that a government is “printing money” and then picture sheets of hundred dollar bills coming off a printing press. However, most often this is not what actually takes place when a government adds to the monetary supply. Money creation in modern economies usually involves creating money that is not physical. Central

    read more
  • 1
  • 2
Get Your FREE Gold Guide!



    Your information is 100% secure with us. By submitting you agree to be contacted by American Bullion via mail, phone, text or email. You can unsubscribe at any time.