Federal Reserve Bank
Fed holds rates steady as it notes rising uncertainty and stagflation risk
Key Points The Federal Reserve held its key interest rate unchanged in a range between 4.25%-4.5%, where it has been since December. The post-meeting statement noted the recent market volatility and how that is factoring into the central bank’s policy decisions. “Uncertainty about the economic outlook has increased further,” the statement said. Source
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The Fed meets with uncertainty permeating the air. Here’s what to expect
Key Points The Federal Reserve heads into its closely watched policy decision Wednesday with a strong incentive to do absolutely nothing. Market pricing in the futures markets are implying almost no chance of an interest rate cut at this week’s meeting, and only about a 1-in-3 probability of a cut at the June 17-18 session. […]
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Musk says ‘eyebrow-raiser’ $2.5 billion Fed building expansion should be subject to scrutiny
Key Points As he exits his efforts to curtail wasteful government spending, Elon Musk tis taking one last shot, calling into question the $2.5 billion Federal Reserve building renovation. Musk’s DOGE claims to have saved taxpayers $160 billion during its short operating life looking through the government’s books. Source
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Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients
Fast Money Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients Published Sat, Apr 26 202511:07 AM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source
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Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy
Key Points In her first broadcast interview since taking the reins at the Cleveland Fed, Hammack noted the high level of uncertainty now and did not commit to a specific course of action regarding interest rates. A former Goldman Sachs executive, Hammack said she is sensitive to market movements but only in how they affect […]
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CNBC Daily Open: Trump’s threat to intervene in Fed could cause upheaval
The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Feb. 27, 2024. Morah Ratner | Bloomberg | Getty Images An independent central bank is seen by most (including this newsletter) as the bedrock of a functional economy. Officials steer the economy by calibrating the benchmark interest rate on which bank loans and […]
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CNBC Daily Open: Trump’s desire to intervene in Fed could cause chaos
The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Thursday, Sept. 12, 2024. Stefani Reynolds | Bloomberg | Getty Images An independent central bank is seen by most (including this newsletter) as the bedrock of a functional economy. Officials steer the economy by calibrating the benchmark interest rate on which bank loans […]
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Morgan Stanley’s near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners
Morgan Stanley’s Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a winner. “It started out with a low-quality rally, which is what we expect – meaning a short squeeze,” the firm’s chief investment officer told CNBC’s “Fast Money” on Monday. “Then, what we noticed is the […]
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‘Some more banana skins in front of us’: Why investors may want to increase exposure to bonds
ETF Edge ‘Some more banana skins in front of us’: Why investors may want to increase exposure to bonds Published Sat, Mar 22 202511:00 AM EDT Yaritza Diaz WATCH LIVE Source
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