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12 MINS AGO - Zero Hedge

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US to Foreign Officials: Stop buying Treasuries

Cassandras warn that the foreign appetite for US debt is satiated and wonder who is going to buy US Treasuries when the Federal Reserve stops. Not only are US officials not concerned about this, but the Department of Treasury continues its campaign to discourage foreign central banks from buying so many Treasuries.   Foreign official purchases of Treasuries are usually ...

Tags: US to Foreign Officials: Stop buying Treasuries,  Interest Rates Latest News

32 MINS AGO - Newsmax

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Fed Should Try to Align Projections With Policy Statement: Lockhart

The U.S. Federal Reserve should try to make its communications on the expected path of interest rates and the economy consistent with its policy statements, a top official at the central bank said on Wednesday.

Tags: Fed Should Try to Align Projections With Policy Statement: Lockhart,  Interest Rates Latest News

42 MINS AGO - Yahoo! News

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Fed should try to align projections with policy statement: Lockhart

The U.S. Federal Reserve should try to make its communications on the expected path of interest rates and the economy consistent with its policy statements, a top official at the central bank said on Wednesday. Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, acknowledged the most recent projections for interest rates were out of step with the Fed's ...

Tags: Fed should try to align projections with policy statement: Lockhart,  Interest Rates Latest News

32 MINS AGO - TheStreet

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Will This Upgrade Help Cree (CREE) Stock Today?

NEW YORK (TheStreet) -- Cree Inc shares were upgraded to "buy" from "hold" by analysts at Needham on Wednesday.The firm set a price target of $64 on the stock. Must Read: Warren Buffett's 10 Favorite Growth Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Cree ...

Tags: Will This Upgrade Help Cree (CREE) Stock Today?,  Interest Rates Latest News

1 HOUR AGO - Zero Hedge

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Bank Of America Reports Q1 Loss On Massive Legal Charge, Ongoing Operations Disappoint As NIM Tumbles

Moments ago Bank of America reported its Q1 earnings, and as expected, they were quite a mess, with the bank posting an actual loss of $0.05 on expectations of a $0.27 beat, which however - in the spirit of JPM - was the result of a $6 billion pretax charge related to various litigation items, which amounted to $0.40 per ...

Tags: Bank Of America Reports Q1 Loss On Massive Legal Charge, Ongoing Operations Disappoint As NIM Tumbles,  Interest Rates Latest News