The Federal Reserve held interest rates at a 23-year high Wednesday while scaling back its estimate of rate cuts this year to one.
EconomyMarketsFederal ReserveHousing MarketFedInterest Rates By Charley Blaine Charley Blaine writes about stocks and financial markets, bonds and interest rates, oil and other commodities, and the economy. He has written for MSN Money, Investing.com, MergerMarket, Benzinga, Forbes, and USA Today....
Where we are left today, dear taxpayer, is a lot poorer. Unless you are a major shareholder and/or bonusable employee of Goldman Sachs. Brains, ingenuity and value creation should be rewarded in all fields, Wall Street included. But when value created is the direct result of the risks bor...
San Francisco Federal Reserve Bank President Mary Daly said Thursday that she now supports cutting interest rates. “With the information we have received today, which includes data on employment, inflation, [gross domestic product] growth and the outlook for the economy, I see it as likely th...
My view is that there weremultiple factorsin the financial crisis, but thatlow interest ratesfrom the Fed andinadequate regulatory oversightmade a contribution. I think the Fed made some mistakes in both regards, and is making a further mistake today by not admitting those mistakes. The public ...
credit card companies routinely lie about the interest rates they charge, arbitrarily change the terms of loans, fail to disclose interest rates in online account summaries, and act in many other ways designed to lock consumers into a “debt-trap” from which they can never escape. One must ...
history. As the Fed tests its interest-rate management tools in 2014 and 2015, interest-rate volatility may rise, particularly in the short-term repo and interest-rate swap markets. The bond market typically discounts future rate changes well ahead of their arrival--making today a good time ...
chance of a 50-basis-point move. However, a series of hot inflation statistics, signs of ongoing strength in the economy, and a steady flow of hawkish remarks from Fed officials has convinced Wall Street that the central bank will once again get more aggressive about raising interest ...
the Fed is willing and able to keep interest rates higher than they need to in order to force some cracks in the stock and real estate markets. This is a new policy – as recently as late 2022, ...
eventually lead to higher inflation expectations, and the Fed will have a problem,” Ned Davis Research chief global macro strategist Joseph Kalish wrote. “My biggest fear is that complacency gives way to concern, and that low interest rates suddenly surge, prompting a reaction from Fed ...