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1 Article
Source: Common Domain

Don’t kid yourself, the Federal Reserve isn’t done with interest-rate increases

Thursday 09:54 GMT

The market has a hissy fit every time Chairman Jerome Powell says he will continue doing what the Fed has done for the past couple of years — gradually raising the federal funds rate and reducing its balance sheet, which ballooned to $4.5 trillion in the years after the financial crisis.

• In a speech before the Economic Club of New York on Nov. 28, Powell appeared to backtrack, saying the federal funds rate was “just below” the neutral range.

1 Article
Source: Common Domain

Here are the 8 times Fed news sparked big stock-market moves since late November

Saturday 17:14 GMT

As the chart shows, Fed-related news caused significant moves in the S&P 500 index SPX, +1.43%  eight times between late November and early January, most of them to the downside.

However, that isn’t unusual for new Fed leadership, they said, while noting that in addition to Powell, Vice Chairman Richard Clarida and New York Fed President John Williams, seen as effectively the third most powerful official, are new to their positions as well.

53 Articles
Source: Fox News

Trump accuses Pelosi of being 'controlled by the radical left,' hours before White House statement on shutdown

Sunday 15:24 GMT

President Trump on Saturday accused House Speaker Nancy Pelosi of being controlled by the far-left, hours before he is due to make an "important" White House announcement on the partial government shutdown and border security. "She's being controlled by the radical left, which is a problem, and you know she's under total control of the radical left.

Pelosi wrote to Trump earlier this week calling on him to either delay the State of the Union address or submit it in writing.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte