Diamond News Archives
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The word “leverage” appears 107 times in the Federal Reserve’s Financial Stability Report that was released yesterday. The second mention provides a warning of what happens when leverage blows up the financial system – something Americans learned all too well in 2008:..
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While the US Federal Reserve is making significant efforts to prevent the money market rate from falling below zero with the help of so-called reverse repurchase agreements, negative interest rates are appearing in a number of the euro area’s financial markets. Why is this happening? And what does it mean for wealth and prosperity in the euro area?
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- Category: News Archives
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Discovered in a West Norfolk field, the cache of 131 coins and 4 gold objects dates to around 600 C.E.
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- Category: News Archives
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While third-quarter GDP growth came in a little higher than the Atlanta Fed was predicting, it still came in below the consensus of economists, which averaged at 2.6%. The Bureau of Economic Analysis came out with 2.0%:
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- Category: News Archives
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Gold prices extended a rally to hit a two-month high on Monday as a retreating dollar bolstered the precious metal's appeal.
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