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Breaking news is defined as new information that has market-moving potential. (more) All breaking news is rated high (red), medium (orange), or low (yellow) depending on the how much it impacted the market. For follow-up stories to breaking news, only the additional new information contained in the story is rated.

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  • FT taper reporter tells everyone to “chill out”

    From forexlive.com| 10 hr ago| 32 comments

    FT reporter Robin Harding is evidently shocked that his story on the Fed has caused a turnaround in stocks and has taken to twitter to tell everyone to relax because he has no inside source. Glad people are reading my Fed preview. I’ve been in the September taper camp for a while and I’d stick with that… But people need to chill out. The Fed does not leak ...

  • RBA Monetary Policy Meeting Minutes

    From rba.gov.au| 4 hr ago| 3 comments

    Members began their discussion by noting that the global economic data released over the past month or so had been broadly consistent with growth of Australia's major trading partners being close to average this year, and picking up gradually next year. In addition, there had been a decline in inflation across much of the globe in recent months. In China, ...

  • FT Joins The Fray: "Fed Likely To Signal Tapering Move"

    From zerohedge.com| 11 hr ago| 9 comments

    It seems not only the entire developed world is sick and tired of Hilsenrath's "leaks" which have now become so grotesquely self-contradictory, not even Hilsenfollowers can make out the Hilsenfact from the Hilsenjoke. So it appears the Fed has now picked the FT as its interim pass through vehicle: Ben Bernanke is likely to signal that the US Federal Reserve ...

  • Markets Are Confused And Stupid, And Apparently People Don't Know How To Read

    From businessinsider.com| 9 hr ago| 7 comments

    Price action in the stock market today tells you everything you need to know about the cognitive dissonance investors are experiencing right now. Since around 2 PM ET, when the FT published a preview of this week's FOMC monetary policy meeting by the pink paper's Federal Reserve correspondent, Robin Harding, U.S. stocks have taken a sharp turn lower. The ...

  • 11 Tapirs That Are Worried About The Taper

    From businessinsider.com| 2 hr 9 min ago| 2 comments

    The big story of the week is the Federal Reserve. Everyone wants to know what Fed Chairman Ben Bernanke will indicate about "the taper" – the possible reduction of monthly bond purchases it's expected to make under its quantitative easing program later this year. At the moment, the Fed purchases $85 billion worth of bonds in an effort to drive interest ...

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