US Economy Cools, Fed’s Powell Hints a Rate Halt in 2019

US Economy Cools, Fed’s Powell Hints a Rate Halt in 2019

US Economy Cools, Fed’s Powell Hints a Rate Halt in 2019 Fed Chairman Jerome Powell has laid out a scenario for a pause in the central bank’s interest-rate hiking campaign sometime next year by highlighting potential headwinds cooling the US economy. Wednesday, Chairman Powell listed 3 possible challenges to growth in Y 2019, they are; […]

Fed Hawks Want to Chill Roaring US Economy

Fed Hawks Want to Chill Roaring US Economy

Fed Hawks Want to Chill Roaring US Economy Despite sharp criticism from President Donald Trump for raising interest rates, Fed policymakers remain generally united on the need to raise borrowing costs further, according to minutes from their most recent policy meeting. Every policymaker backed the Fed’s September rate increase, according to the minutes of the Sept. […]

President Trump, “My Biggest Threat Is the Fed”

President Trump, “My Biggest Threat Is the Fed”

President Trump, “My Biggest Threat Is the Fed” Tuesday, US President Donald Trump escalated his assault on the Fed, calling the central bank the biggest threat of his Presidency. “My biggest threat is the Fed,” President Trump said in a TV interview. “Because the Fed is raising rates too fast, and it is too independent,” he […]

Fed’s Bullard Makes Case Again for Halting Interest Rate Hikes

Fed’s Bullard Makes Case Again for Halting Interest Rate Hikes

Fed’s Bullard Makes Case Again for Halting Interest Rate Hikes $DIA, $SPY, $QQQ, $RUTX, $VXX The US Federal Reserve should hold off on further interest rate rises because the stance of monetary policy is already at neutral or possibly restrictive, St. Louis Federal Reserve Bank President James Bullard said Wednesday. Mr. Bullard has repeatedly raised […]

President Trump, “I am not thrilled with rate hikes”

President Trump, “I am not thrilled with rate hikes”

President Trump, “I am not thrilled with rate hikes” President Donald Trump criticized the Fed’s interest-rate increases, breaking with White House tradition of avoiding comments on monetary policy out of respect for the independence of the central bank. “I’m not thrilled,” President Trump said in expressing frustration with the Fed in an interview to be broadcast […]

Some FOMC Voting Members Have Open Minds on Rate Hikes

Some FOMC Voting Members Have Open Minds on Rate Hikes

Some FOMC Voting Members Have Open Minds on Rate Hikes $SPY Two Fed officials who are currently voting members of the FOMC rate-setting body said Friday they were keeping an open mind on the total number of interest rate rises needed this year. San Francisco Fed President John Williams and Atlanta Fed President Raphael Bostic […]

US Stocks Post Record Highs, as Trump Rally Extends

US Stocks Post Record Highs, as Trump Rally Extends

US Stocks Post Record Highs, as Trump Rally Extends $DIA, $SPY, $QQQ, $VXX  All 4 major US stock market indices finished at new all-time highs The S&P 500 Index surged past the 2,700-mark Wednesday and other major indexes hit record intra-day highs as technology stocks climbed on indications of strong economic growth in the US […]

US Stocks at Record Highs as Fed Hikes Rates

US Stocks at Record Highs as Fed Hikes Rates

US Stocks at Record Highs as Fed Hikes Rates $DIA, $SPY, $QQQ, $VXX The Trump Rally Extends The Fed followed through on an expected interest-rate increase and raised their forecast for economic growth in Y 2018. “Averaging through hurricane-related fluctuations, job gains have been solid, and the unemployment rate declined further,” the Federal Open Market […]

Overnight World Market News

Overnight World Market News

Overnight World Market News $DIA, $DAX, $DJSH, $N300, $NSEI Overnight , Asian equities followed US and European equities North on signs that a military conflict between the US and North Korea is not imminent . According to the North Korean news agency,  NKorean leader Kim Jong Un is reviewing missile strike plans and said that he […]