The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
Fed, PCE
In the clamor of the campaign season, we are missing what should be a landmark event.
Economists with their cheerleading of Fed price controls are like the drunk doctor at the party grabbing women where they ...
The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come ...
You don’t stand up on an airplane and yell hijack. You don’t walk into a movie theater and yell fire, and you don’t get ...
Gold’s relentless rally got an added jolt this week from the Federal Reserve’s long-awaited interest-rate cut, but some ...
The week in markets started with the Federal Reserve cutting interest rates by more than most economists expected.
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
Questions remain that the Fed cannot quite answer yet, like how quickly and how much rates will go down by and what the right ...
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