Key Highlights: The Federal Open Market Committee (FOMC) decided to keep its benchmark interest rate at 3.75% to 4.00%. The Fed will cut its voting membership for rate-setting to seven…
Fed
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The gold price fell to a one year low on Friday (October 30) as a drop in tech stocks pressured precious metals. According to Reuters, falling tech stocks may have…
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The S&P 500 is expected to open 0.4% lower after the Fed decision and mixed tech earnings, but the short-term uptrend remains intact. Investorideas.com (www.investorideas.com), a go-to platform for big…
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What really matters to investors, economists say, is for Fed Chairman Kevin Warsh to prove he can successfully communicate the central bank’s strategy.
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Here are some of the arguments against a Fed rate hike — and why some economists disagree with them.
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Stocks
Here are the key things Fed Chairman Kevin Warsh said — and didn’t say — while Americans were sleeping Thursday night
Federal Reserve Chair Kevin Warsh had an opportunity Thursday night to shape expectations heading into the central bank’s interest-rate-setting meeting in two week’s time — and in keeping with his…
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New research shows tariffs hit appliances, furniture and construction materials hardest, with no clear jobs payoff to offset higher costs. Electrical appliances, equipment and components absorbed nearly a 3 percent…
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The 10-year Treasury yield is sitting on the doorstep of 5%, and that’s a warning sign for stocks.
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Bitcoin failed to break $80,000 on Sept. 11 as US stocks climbed about 1% and long-dated Treasury yields stayed near levels not seen in years. Bitcoin registered an intraday high…
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Stocks
The Fed could raise interest rates three times. Here’s where the market could face the stiffest test.
Economists note that the Fed historically has not been content to raise rates only once.
