federal reserve Archive

Yellen, consensus-builder, needs to send strong signal at Fed meet

Federal Reserve Chair Janet Yellen, praised as an adept listener and consensus builder, may need to adopt a stronger tone at this week’s policy meeting if she expects to keep a December interest rate rise in play. Yellen’s inclusive style has been tested recently by two fellow governors who publicly appeared to disagree with her [&hellip

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3 steps to help prepare for the Fed’s next move

Following September’s policy meeting, the Federal Reserve reiterated intentions to raise interest rates by the end of the year. The fed funds rate has been near zero percent since late 2008, in response to the worst recession since the 1930s and the resulting aftermath. In the near term, there is uncertainty as to how fast, [&hellip

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Bill Gross urges Fed to ‘get off zero and get off quick’ on rates

Source photo Bond guru Bill Gross, who has long called for the Federal Reserve to raise interest rates, urged the U.S. central bank on Wednesday to “get off zero and get off quick” as zero-bound levels are harming the real economy and destroying insurance company balance sheets and pension funds. In his October Investment Outlook [&hellip

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Stocks are being held back by the Fed’s ‘peanut gallery’

The Federal Reserve’s easy-money policies have supported higher stock prices for years, while depressing yields on income securities and bank accounts. But this year has been different. Until the 11% correction for the S&P 500 Index between Aug. 17 and the close on Aug. 25, the benchmark index had been in a tight range this [&hellip

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The moral case for leaving rates low

One thing has been different about Janet Yellen since she became chairwoman of the Federal Reserve last year: The tone she has set about who matters in the setting of monetary policy and why. And her big innovation in monetary policy — that working people matter at least as much as holders of bonds and [&hellip

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Futures rise on hopes of additional Chinese stimulus

U.S. stock index futures rose on Tuesday after weak economic data out of China bolstered hopes of more stimulus measures from the Chinese government. Wall Street capped a tough week on Friday, with major indexes closing down more than 1 percent, after a mixed August jobs report did little to quell uncertainty about whether the [&hellip

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4 reasons we know we’re not ready for the Fed to raise rates

With August’s jobs report now on the books, all the really important data the Federal Reserve will use at mid-month to decide whether to raise interest rates is on the record. And it says the Fed should wait. The economy added 173,000 jobs and unemployment dropped to 5.1%, the government reported Friday morning. At one [&hellip

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