U.S. stock indexes declined slightly in early trading Wednesday ahead of the Federal Reserve's latest economic and interest rate policy update. Technology and financial companies were down the most. Several … Click to Continue »
Today the Federal Reserve is set to announce the schedule for unwinding its balance sheet. This is a step in the right direction, but it also has the potential to increase the risk of a recession. It’s past time to reduce the Fed’s balance sheet because its role in the economy is unnecessarily large. Show More Summary
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - Caught between a lull in U.S. inflation and a stronger global economy, the Federal Reserve is expected on Wednesday to signal whether it will raise interest rates for a third time this year or back off until prices rise more briskly. Show More Summary
Stocks are nearly flat in early trading on Wall Street as investors wait to hear from the Federal Reserve. Energy stocks were rising along with the price of crude oil early Wednesday. ConocoPhillips gained 1.3%. Bed Bath and Beyond plunged 17% after reporting earnings and sales that missed analysts'...
The dollar isn't budging ahead of the conclusion of the Federal Reserve's September meeting. The US dollar index was little changed at 91.73 at 8:48 a.m. ET. On Wednesday, the Fed is expected to keep its benchmark interest rate unchanged...Show More Summary
A decade ago this week, traders cheered news that the Federal Reserve was cutting its key interest rate by an assertive 50 basis points. Back then, the central bank was getting more worried about how borrowing costs could speed up the...Show More Summary
Asian markets moved tentatively Wednesday ahead of a Federal Reserve policy decision, while geopolitical issues returned after Donald Trump threatened to "totally destroy" North Korea if it threatened the US or its allies. A third successive...Show More Summary
Asian stock markets were little changed on Wednesday as investors took to the sidelines ahead of the Federal Reserve's announcement of the result of its meeting. KEEPING SCORE: Japan's Nikkei … Click to Continue »
It will come as no surprise if the Federal Reserve has an announcement to make when its latest policy meeting ends Wednesday: That it's ready to begin paring its enormous … Click to Continue »
The Federal Reserve has manipulated bond prices for the last 10 years. Yields in the US and abroad are lower now than during the Great Depression – a period in time that could justify such low yields. For those with short memories, bond markets are more expensive than before and right after the financial crisis of 2008. Show More Summary
By Matthew Kerkhoff – Expectations are currently that the Federal Reserve will announce plans to begin "quantitative tightening" this Wednesday by unwinding its balance sheet. When you consider that the Fed currently owns around 29% of the market for mortgage-backed securities...
Tim Duy: Fed Would Surprise Markets If It Stays Hawkish, by Tim Duy: The Federal Reserve meeting this week will likely end with unchanged policy rates and the initiation of balance-sheet normalization. Market participants widely expect these outcomes, so they...
The Dow extended Monday's rally to close at another record high as the Federal Reserve began its two-day policy meeting in Washington. First, the scoreboard: Dow: 22,375.08 +43.73 (0.20%) S&P 500: 2,506.78 +2.91 (0.12%) Nasdaq: 6,459.73...Show More Summary
The dollar is hovering as the Federal Reserve begins its two-day meeting. The US dollar index was little changed at 91.99 at 8:17 a.m. ET. Expectations for an interest rate hike at the meeting, which concludes on Wednesday, are almost...Show More Summary
___ Fed likely to pare its bond portfolio even with outlook hazy WASHINGTON (AP) — When the Federal Reserve meets this week, it's sure to take account of the economic … Click to Continue »
President Trump is betting he can turbocharge the U.S. economy with tax cuts and trade deals, but his greatest leverage to influence growth may rest with an unparalleled opportunity to reshape the world’s most powerful central bank. Because of a wave of vacancies, Trump will have the ability in...
(Bloomberg) — The U.S. Treasury has been planning for years how to deal with the funding gap set to open up when the Federal Reserve begins unwinding its $2.5 trillion hoard of the government’s debt. Now there’s a new wrinkle to prepare...Show More Summary
Inflation is coming. It’s taken seven years of ZIRP and over $4 trillion in QE, but the Federal Reserve has finally begun to unleash inflation. It won’t show up in the official inflation measures like the Consumer Price Index CPI for a while. Show More Summary
Being wrong with conviction is a trademark of President Donald Trump. Perhaps that makes Kevin Warsh, his new perceived favorite to replace Janet Yellen as Federal Reserve chair, an ideal candidate. Warsh was a Fed governor between 2006 and 2011, during the depths of the financial crisis and Great Recession. Show More Summary