PIMCO's co-CIO Bill Gross has hit out at US policymakers for introducing "devilish policy tools" to rebalance US debt, effectively "robbing savers."
Legg Mason's David Nelson believes the Fed's second round of quantitative easing should help drive US stocks higher -but not without risks
Investment guru Jim Rogers has criticised Federal Reserve chairman Ben Bernanke's decision to launch a second wave of QE in the US, saying he "does not understand economics".
Federal Reserve chairman Ben Bernanke has given his strongest signal yet that he will begin another round of quantative easing in the US.
Whether the US dollar index looks set to post its fifth successive weekly decline in a row will depend on how the markets react to today's US CPI, retail sales figures, and Michigan consumer confidence numbers.
Federal Reserve Chairman Ben Bernanke has testified the central bank had no option but to let Lehman Brothers fail despite knowing it would have "catastrophic" aftershocks.
The Federal Reserve is prepared to take "unconventional measures" to prop up the US economic recovery, said Ben Bernanke in a speech today.
The FTSE 100 has followed the lead of the US and opened lower this morning, as investors weigh up a gloomy economic update from Federal Reserve chairman Ben Bernanke.
The US Senate has approved the largest overhaul of financial regulation since the Great Depression, which is aimed at averting a repeat of the recent credit crisis.