Text size The Federal Reserve’s pathway on monetary policy remains a major risk for investors. Saul Loeb/AFP via Getty Images Stocks edged higher on Friday with U.S. indexes on track to snap their longest weekly losing streak in decades. Futures for the Dow Jones Industrial Average rose 20 points, or less than 0.1%, after the … Read more
Text size Tech stocks were feeling some pressure Thursday. Getty Images Stocks continued their rally Thursday, as the market chewed over Federal Reserve minutes that suggested the central bank could slow down its rate-hiking at some point soon. The Dow Jones Industrial Average gained 518 points, or 1.6%. The S&P 500 gained 2%, and the … Read more
WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they may have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which is near a four-decade high. At the same time, many of the policymakers also agreed that after a rapid … Read more
Topline With stocks on track for one of their worst years in recent history amid concerns around persistent inflation, rate hikes from the Federal Reserve and rising recession risks, top firms on Wall Street say investors should turn to defensive stocks with stable margins and cash flow that should be able to weather a bear … Read more
Billionaire gives advice on ‘scary stories’ surrounding Wall StreetFox Business Billionaire investor Ken Fisher says markets slammed by at least 7 ‘scary stories’Fox Business View Full Coverage on Google News
Text size The pandemic scrambled usually reliable indicators of labor market strength, writes former Federal Reserve Board Chair Ben Bernanke, pictured in 2018. Win McNamee / Getty Images About the author: Ben S. Bernanke was chairman of the Board of Governors of the Federal Reserve System from February 2006 through January 2014. Federal Reserve Chair … Read more
It’s a Doom Loop ‘With Raging Inflation, Only Way Out Is Enormous DepressionStansberry Research
In the early 1950s, inflation climbed above 8% and unemployment registered below 4%. Above, a help wanted sign outside a factory gate in 1952. Debrocke / Alamy Text size The last time the US saw a combination of high inflation and low unemployment like today was seven decades ago. That makes it particularly challenging for … Read more
Federal Reserve officials said they anticipated half-percentage-point interest rate increases “would likely be appropriate at the next couple of meetings” as they focus on bringing down surging inflation against a slowing but still strong economy. Minutes from the Fed’s May 3-4 meeting, released Wednesday after their usual three-week lag, also showed that a number of … Read more
Minutes from the Federal Reserve’s May meeting can be read here. Read a preview below and check back for more analysis. When the Federal Reserve on Wednesday releases the minutes from its most recent policy meeting, investors will get a deeper look at deliberations over monetary policy tightening and officials’ views of the economy. During … Read more