postheadericon Federal Reserve Releases Statement after Latest Meeting

Federal Reserve Releases Statement after Latest Meeting

The Federal Reserve completed its two-day meeting on Wednesday and announced that it will continue to taper off its bond-buying program (also known as Quantitative Easing or QE), citing an improving U.S. economy. The plan to end the program completely in October still stands. The Fed’s Statement Regarding Purchases of Treasury Securities and Agency Mortgage-Backed Read More
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Gold Passes $1,310 on More Russia/Ukraine Concerns

Spot gold went up 0.3% to $1,314.80 an ounce on Tuesday morning, while gold for December delivery was up $6.00 an ounce at $1,316.50. Analysts are citing geopolitical concerns regarding Russia and Ukraine as well as falling confidence in the U.S. and European economies. Ukrainian military spokesman Andriy Lysenko said on Monday that Russia Read More
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