US Fed members divided over rate hikes in 2018

US central bankers are divided over how fast they will need to raise interest rates next year, given differences over the causes behind the low inflation and wage gains seen to date, a report showed Wednesday. The minutes of the December 12-13 policy meeting, when the Federal Reserve raised the benchmark lending rate for the third… Please follow and like us:

Read More

10 Data Points Investors Should Be Watching Now: JPMorgan’s Kelly

There are multiple economic and financial numbers investors can monitor in 2018 to get a sense of the market environment. David Kelly, chief global strategist for JPMorgan Funds, offers his own list of the top 10 data points he recommends investors watch this year. In his inaugural weekly note for 2018, Kelly says the list is… Please follow and like us:

Read More

Fed hikes key interest rate again, boosts next year’s economic growth forecast

WASHINGTON — Federal Reserve monetary policymakers on Wednesday nudged up their key interest rate again and increased their forecast for the economy’s performance in 2018 as Congress neared passage of a large tax-cut package. Fed officials forecast 2.5 percent growth next year with an increase in consumer spending and business investment expected from the lower taxes,… Please follow and like us:

Read More

Fed raises key interest rate

WASHINGTON — Federal Reserve policymakers on Wednesday enacted their third small hike in a key interest rate in six months, a move that will push it above 1 percent for the first time since the 2008 financial crisis. The 0.25 percentage point increase in the federal funds rate, which was widely expected by financial markets, was… Please follow and like us:

Read More

Fed To Begin Selling Off Its $4.5 Trillion In Assets

When analysts and observers of the U.S. economy discuss the Federal Reserve’s policy moves, they often point to the federal funds rate—the bank-to-bank lending rate that’s closely followed by interest rates on mortgages, credit card debt and other loans, which the Fed raises to rein the economy in during times of steady growth. But with Wednesday’s… Please follow and like us:

Read More

BREAKING: Fed Not Raising Rates, Continuing To ‘Monitor’ Market Conditions

The Federal Reserve Bank announced Wednesday afternoon it will not raise the federal funds rate in the near future. The federal funds rate is the overnight rate on loans between banks, and it is effectively the single most influential interest rate in the U.S. economy, as it has widespread affects on domestic monetary and financial conditions.… Please follow and like us:

Read More

Re-Questioning The Death Of Buy & Hold Investing

In the midst of the so-called “ Lost Decade,” pundits continue to talk about the death of “buy and hold” (B&H) investing. I guess it probably makes sense to define B&H first before discussing it, but like most amorphous financial concepts, there is no clear cut definition. According to some strict B&H interpreters, B&H means buy… Please follow and like us:

Read More

US Federal Reserve Keeps Interest Rates Unchanged for Now

The U.S. Federal Reserve Bank will leave interest rates unchanged for now, but also acknowledged Wednesday that consumer and business sentiment have improved since President Donald Trump was inaugurated. New economic data released by the government bolsters the case for a rate increase soon, economists said. But while the U.S. job market continues to show improvement,… Please follow and like us:

Read More