This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. From Venetian goldsmiths issuing paper receipts, to America’s first and second central banks – the Bank of North America in 1781, and the First Bank of the United States in 1791 – we arrive at the year 1836.…
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The Fed Delivers Unmistakable Message After Two-Day Meeting – Money Morning
by Diane Alter •
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. The Fed delivered a clear message Wednesday after its two-day meeting: Don’t expect the easy monetary policies to end anytime soon. The Central Bank’s official policy statement, the first of 2013, said interest rates would remain near zero,…