QUANTITATIVE EASING

Fed decision to buy tens of billions more in bonds lifts the price of gold to a six-month high.

In the statement, the Federal Reserve announced Thursday it will buy $40 billion per month of mortgage-backed securities, the start of the so-called third round of quantitative easing, QE3. The Fed also said it will continue 'Operation Twist,' bringing total securities purchased per month to $85 billion.

The U.S. stock index futures point to a lower open Thursday as investors maintained a cautious mode ahead of the Federal Reserve meeting in which there is the likelihood of another round of quantitative easing measures to be announced to invigorate the economy.

Most of the European markets fell Thursday as investors remained watchful waiting for the U.S. Federal Reserve to announce stimulus measures to revive the economic growth.

Most of the Asian markets made gains Thursday as investors remained hopeful waiting for the policymakers in the U.S. to announce monetary easing measures to boost the global economy and rejuvenate the economic growth momentum.

The U.S. stock index futures point to a higher open Wednesday as investor confidence was underpinned by expectation that the Federal Reserve will announce stimulus measures this week to invigorate the economy and boost growth.

Asian stock markets rose Wednesday as investors remained hopeful that policymakers in the U.S. and China would announce monetary easing measures to boost the global economy and rejuvenate economic growth momentum.

The U.S. stock index futures pointed to a higher open Tuesday as investor sentiment turned positive amid hopes that the Federal Reserve would announce monetary easing measures this week to revive the economic growth momentum.

It's been three years since the Great Recession technically ended, and still, unemployed Americans are struggling to find work.

The U.S. stock index futures point to a higher open Friday ahead of the Bureau of Labor Statistics' nonfarm payrolls and unemployment reports.

Asian shares rose and the euro steadied Friday after the European Central Bank outlined its bond-buying scheme to help calm the euro zone's debt crisis, while firm U.S. data fed speculation of a strong jobs report later in the day.

The U.S. stock index futures point to a higher open Tuesday as market sentiment was underpinned by expectations that policymakers around the world will announce stimulus measures to rejuvenate the economic growth momentum.

Gold hovered near a five-month peak on Monday, supported by hopes for more stimulus measures after U.S. Federal Reserve Chairman Ben Bernanke gave a grave assessment of the economy last week.

It seemed everyone was claiming their crystal ball has been right in anticipation of a much-hyped speech by the world's most powerful central banker, who managed to turn the attention of traders around the world to his podium in bucolic Jackson Hole, Wyo. Friday. They were all right and, as usually happens in such cases, they were also all wrong.

Asian stocks declined to a four-week low on Friday as investor sentiment was weighed down by fading optimism on U.S. Federal Reserve Chairman Ben Bernanke to announce more monetary stimulus at the Jackson Hole convention.

Asian stock markets ended mixed Wednesday as investors remained in a waiting mode ahead of Federal Reserve Chairman Ben Bernanke’s speech at the Jackson Hole symposium.

Will Federal Reserve Chairman Ben Bernanke launch QE3 from the Federal Reserve Bank of Kansas City's annual Jackson Hole symposium, which will take place from Aug. 30 to Sept. 1? Economists doubt it.

Most of the Asian markets fell Monday as investors' concerns about the faltering global economy undermined the expectations for stimulus measures from China and the U.S. Federal Reserve.

The number of Americans lining up for new jobless benefits rose more than expected last week, the Labor Department said Thursday, suggesting little improvement in the labor market.

Gold on Wednesday hovered near a 3-1/2 month high hit in the previous session, as investors remained hopeful the European Central Bank would soon take action to contain the region's debt crisis.

Ben Bernanke received an unlikely defense of his work at the U.S. Federal Reserve by a top Mitt Romney adviser, who said on Tuesday that he should be considered for a third term as chairman