The Hit Farm

10 (Bloomberg) — The dollar rose against the majority of its major counterparts as the Federal Reserve's pledge for record low interest rates failed to convince investors global growth will be sustained, boosting demand for haven currencies. 10 (Bloomberg) — The dollar rose against the majority of its major counterparts as the Federal Reserve's pledge [...]

The Fed to the Rescue? Joe Gagnon has a widely-discussed proposal for dramatic Fed action. I'm for it — not because we know it would work, but because it might, and we desperately need to do something. Crude oil declined below $79 a barrel to its lowest levels since September on the New York Mercantile [...]

NEW YORK (AP) — The dollar is dropping as US Federal Reserve policymakers are meeting. UBS analyst Chris Walker says that given the recent fears that the chance of a recession has increased, investor expectations have grown that there could be a What are the implications of these forecast changes for the Fed outlook? Our [...]