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Recent News Headlines : Credit Union
CHINA CENTRAL BANK DRAINS 20 BLN YUAN FROM MONEY MARKET
The People's Bank of China pumped 120 billion yuan through reverse repos, with 140 billion yuan of contracts maturing, leading to a net withdrawal of 20 billion yuan... READ MORE›
FIVE THINGS YOU NEED TO KNOW TO START YOUR DAY
Eastern Time the Bank of England will release its latest interest rate decision and update its forecasts for the economy... READ MORE›
CHINA'S CENTRAL BANK INJECTS CASH INTO MARKET
China's central bank on Friday continued to pump money into the interbank market via reverse repos to ensure stable liquidity... READ MORE›
DOW AT RECORD, EUROPEAN STOCKS UP AS YELLEN PLEDGES GRADUAL RATE HIKES
Airline shares were lifted after American Airlines said second-quarter revenue per seat mile had risen five-to-six percent from the year-ago period, a better range than previously... READ MORE›
HEDGE-FUND MANAGER CRISPIN ODEY SAYS IT'S NOW MORE LIKELY THE MARKET WILL CRASH
Hedge-Fund Manager Crispin Odey Says It's Now More Likely the Market Will Crash... READ MORE›
Trending News Headlines : Credit Union
BUY GOLD NO MATTER WHO WINS THE ELECTION HSBC SAYS
Even the relatively more internationalist Democratic candidate has argued for the renegotiation of longstanding free-trade agreements... READ MORE›
WHAT WILL INDIA DO WITH 23 BILLION WORTHLESS BANKNOTES?
The notes would make a pile 300 times the height of Everest... READ MORE›
LIBYA ON BRINK OF ECONOMIC COLLAPSE
Libya's daily oil production before the 2011 uprising stood at 1.6 million barrels... READ MORE›
DOW AVERAGE RALLIES TO RECORD HIGH AS BONDS TUMBLE ON TRUMP BETS
Traders see an 82 percent chance of rate hike next month, according to federal funds futures pricing... READ MORE›
WORLD FACES WAVE OF EPIC DEBT DEFAULTS, FEARS CENTRAL BANK VETERAN
But Mr White said it would be a good start for governments to stop depending on central banks to do their dirty work... READ MORE›
BANK STOCKS HAVE GAINED $300 BILLION IN 25 DAYS THANKS TO TRUMP
You have to become more cautious, said Daniel Genter, who oversees about 4.2 billion as chief executive officer at Los Angeles-based RNC Genter Capital Management... READ MORE›
YELLEN SAYS INTEREST RATE HIKE COULD COME 'RELATIVELY SOON'
Pricing in federal funds futures contracts already imply a greater than 95 percent chance of a quarter-point hike... READ MORE›
CARNEY INDICATES INTEREST RATES MAY RISE AT 'TURN OF YEAR'
Bank of England governor Mark Carney indicates that UK interest rates could rise at the turn of this year ... READ MORE›
GOLD CAUGHT IN CROSSFIRE AS TRUMP ANGST RUNS INTO RATE CONCERNS
In Singapore, paring the week's advance to 1.7 percent, according to Bloomberg generic pricing... READ MORE›
BANK OF ENGLAND MEMBER WARNS OF LOW INTEREST RATES RISK
Bank of England policymaker Kristin Forbes warns that keeping interest rates low for too long could harm the UK's economy... READ MORE›
CHINA CUTS RATES AGAIN AS GROWTH ENGINE STALLS
It added that China's current muted consumer inflation and falling market interest rates provided a window for the country to liberalize its deposit rates... READ MORE›
IF YOU THINK SOCIALISM WORKS, TAKE A LOOK AT EUROPE
On Thursday, European Central Bank chief Mario Draghi announced a gargantuan stimulus and economic funding package to help mend Europe's banking system... READ MORE›
DOW UP 350 STOCKS SURGE AS HIKE SEEMSSET
The November jobs report has apparently sealed the deal for a Fed interest rate hike later this month... READ MORE›
UK INTEREST RATES STAY ON HOLD AGAIN
Related Stories UK interest rates have been held at a record low of 0... READ MORE›
WHAT'S HOLDING BACK THE WORLD ECONOMY?
Neither monetary policy nor the financial sector is doing what it's supposed to do... READ MORE›
BONDS SLIDE WITH STOCKS AS INFLATION, POOR EARNINGS FUEL ANXIETY
Brent for December settlement dropped 1.4 percent to 52.41 a barrel on the London-based ICE Futures Europe exchange... READ MORE›
BANK OF CANADA CUTS ECONOMIC OUTLOOK ON SLOWER HOUSING MARKET, SOFTER EXPORTS
The central bank trimmed its outlook for growth this year to 1.1 per cent, from the 1.3 per cent it had forecast in July... READ MORE›
BANK OF CANADA HOLDS INTEREST RATE STEADY BUT SEES 'SUBSTANTIAL REBOUND' FOR REST OF 2016
Bank of Canada holds interest rate steady but sees 'substantial rebound' for rest of 2016... READ MORE›
BEFORE MASSIVE BANGLADESH HEIST, NEW YORK FED FEARED SUCH CYBER ATTACKS
Security is handled by the New York Fed's Central Bank and International Account Services CBIAS division, a closely-guarded operation inside its fortress in lower Manhattan... READ MORE›
YELLEN SEES MORE RATE HIKES AHEAD IF ECONOMY STAYS ON COURSE
Yellen said the Fed panel's outlook for a moderate pace of growth is based on continued stimulative monetary policy, and a pick-up in global activity... READ MORE›
FED WAITING TO SEE ECONOMIC RESULTS FROM FLURRY OF TRUMP ACTIONS
U.S. central bankers judge they can raise rates gradually to stay ahead of inflation... READ MORE›
YELLEN SIGNALS FED WON'T BE COWED AFTER TRUMP'S ELECTION VICTORY
Federal Reserve Chair Janet Yellen signaled that the central bank wasn't about to roll over in the face of Donald Trump's surprise election victory last week... READ MORE›
U.S. STOCKS JUMP ON BANK RISE; DOLLAR SLIPS ON JOBS
The data capped a week that's seen monetary policy makers in Japan, the U.K... READ MORE›
STOCKS RISE WITH DEBT AS SHIFT IN FED SPECULATION WEAKENS DOLLAR
Banks in the Stoxx Europe 600 Index rallied ahead of the European Central Bank's meeting on Thursday, with the regional benchmark adding 1.5 percent... READ MORE›
DOLLAR PARES DROP, STOCKS FALL ON FED; BONDS RISE
Central banks in Japan, Switzerland and Britain are also scheduled to weigh in with policy decisions this week... READ MORE›
STOCKS RALLY ON HEELS OF PROFIT BEATS FROM TECH TITANS, FRESH CHINA STIMULUS
China's central bank took a number of steps to shore up its weakening economy... READ MORE›
WOUNDED GOLD BULL MARKET STEADIES AFTER WORST SLUMP IN 3 YEARS
Prices are down 7.9 percent since a July peak as expectations for tighter monetary policy in Europe and the U.S. dent the appeal of the metal... READ MORE›
BANK OF CANADA HOLDS INTEREST RATE STEADY AT 0.5%
Vote to leave the European Union, the central bank says it, too, has the potential to hurt the Canadian economy... READ MORE›
FED RATE HIKE 'MAKES SENSE,' SAYS U.S. RESERVE BANK PRESIDENT
We can't wait until we see the whites of inflation's eyes if we did, we would overshoot the mark, Williams said... READ MORE›
FED MINUTES SUGGEST YELLEN MADE THE DIFFERENCE IN 'CLOSE CALL'
An opposing group argued that more slack remains for the labor market outside the official measure of unemployment... READ MORE›