Asian shares were mostly higher Tuesday as hopes continued for a U.S. Federal Reserve interest rate hike later this year.
Federal Reserve Chairwoman Janet Yellen gave a speech in Jackson Hole, Wyoming, on Friday, saying that the central bank will likely raise short-term interest rates at least once by the end of the
While Wall Street worries the Fed will raise interest rates, we mostly need fyscal policies to stimulate jobs and wage growth
Banks led the stock market higher Monday as investors anticipate that the Federal Reserve could raise interest rates this year from their historically low levels, the AP reports. That could help banks recover from a long slump by making lending more profitable. The Dow Jones industrial average rose 107.59...
The Financial and Bank stocks are loving the prospect of higher rates from the Federal Reserve. How do we know? We’re seeing a high volume price breakout to a new swing high in leading ETFs. Let’s start with the broader Financial ETF Sector SPDR – symbol XLF: From February, bank/financial share prices in the ETF surged from the [...]
Submitted by Eugen von Bohm-Bawerk via Bawerk.net, FOMC have changed their normalizing strategy several times and we now see the contours of yet another shift. The Federal Reserve was supposed to reduce its elevated balance sheet before...Show More Summary
In this article that first appeared at Forbes.com, Dr. Mark Hendrickson observes recent action (or lack thereof) from the Federal Reserve and suggests that a realignment of federal policies..... This post The Fed Seeks to Postpone a Federal Government Default appeared first on AmmoLand.com Shooting Sports News.
The Kansas City Federal Reserve Regional Bank held its annual research symposium at Grand Teton National Park in Wyoming this week. The focus was on the limits of monetary policy. The challenge faced by central bankers is that since the Great Depression, the world has faced deflationary pressures from overcapacity. Show More Summary
The Dallas Federal Reserve Bank said that manufacturing activity in the Texas district was mixed in August. The composite index of general business conditions pulled further lower, down from -1.3...
[Over at Equitable Growth]: Larry Summers says that he is disappointed along three dimensions at what came out of the Federal Reserve's Jackson Hole Conference. I think Summers is right to be disappointed. Indeed, from my perspective, it was disturbing that there was not more connection between the academic papers...
When William Greider wrote his 1989 book about the Federal Reserve, it's not hard to understand why he called it "Secrets of the Temple." The Fed's proclamations can make it seem as mysterious as the Oracle of Delphi. (To be fair, nobody...Show More Summary
Larry Summers: Disappointed by what came out of Jackson Hole: I had high hopes for the Federal Reserve’s annual Jackson Hole conference. The conference was billed as a forum that would look at new approaches to the conduct of monetary...
U.S. were higher as investors continued to digest comments on interest rates from Federal Reserve Chair Janet Yellen on Friday. Yellen said the case for a hike has 'strengthened in recent months.' Investors now await Friday's August jobs report.
The Dallas Federal Reserve will publish its monthly survey of manufacturers in the region at 10:30 a.m. ET. Economists estimate that the index of activity worsened to -3.9 in August from -1.3 in July, according to Bloomberg. It has not...Show More Summary
WASHINGTON, Aug 29 (Reuters) - - U.S. consumer spending increased for a fourth straight month in July amid strong demand for automobiles, pointing to a pickup in economic growth that could allow the Federal Reserve to raise interest rate this year. Show More Summary
By Yashaswini Swamynathan (Reuters) - U.S. stock index futures were little changed on Monday as investors tried to decipher comments from top Federal Reserve officials on the timing of the next interest rate hike. Fed Chair Janet Yellen...Show More Summary
The dollar index rose to a two-week high on Monday, while bond yields jumped to their highest since June and global stocks sold off after senior Federal Reserve officials indicated a U.S. interest rate increase was on the cards in the near term. Show More Summary
The Federal Reserve’s Monetary Policy Toolkit: Past, Present, and Future Chair Janet L. Yellen At “Designing Resilient Monetary Policy Frameworks for the Future,” a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson...Show More Summary
By Nichola Saminather SINGAPORE (Reuters) - Most Asian share markets slipped on Monday while the U.S. dollar held firm on Monday after U.S. Federal Reserve Chair Janet Yellen indicated an interest rate increase remains on the cards for this year. Show More Summary
Via ConvergEx's Nick Colas, The Federal Reserve’s long-term influence hinges in part on its ability to convince millennials that its current policies can help push inflation closer to the central bank’s 2% goal. That’s not as easy as...Show More Summary