get daily headlines subscribe now! today's private briefing

Article Index

U.S. federal reserve

What a Fed Rate Hike Means for Your Money

money close up

With a Fed rate hike all but certain when the Federal Open Market Committee (FOMC) meets Dec. 15-16, Americans need to start thinking about how it will affect them.

Just about every interest rate keys off the Fed interest rate in one way or another. That includes many interest rates that have an impact on consumers.

Here's what you can expect when the Fed raises rates...

Warning: A Fed Rate Hike Will Doom These "Zombie" Companies

Corporate Debt Bomb

When the Fed rate hike that nearly everyone expects finally happens, a lot of U.S. companies that have been surviving on cheap debt will get pushed into oblivion.

But a Fed interest rate hike will raise the cost of that borrowing putting these "zombie" companies at risk.

Here's what the first Fed rate hike since 2006 will do to these debt-dependent companies...

Peter Schiff: Americans Will Have a Horrible Christmas – and the Fed Is to Blame

peter schiff

Peter Schiff - renowned economist and the contrarian investor at the helm of Euro Pacific Capital - predicts Christmas 2015 will be far from merry and bright.

And the U.S. Federal Reserve's policies are to blame.

Here's what Schiff had to say Schiff said in an appearance on CNBC's "Futures Now" on Nov. 5...

U.S. Markets Down Ahead of Janet Yellen Speech Tonight

dow jones industrial average

U.S. markets opened sharply lower Thursday as many investors await the Janet Yellen speech tonight at 5:00 p.m. ET at the University of Massachusetts.

During the Janet Yellen speech, investors will be looking for any clues that the Federal Open Market Committee (FOMC) will raise interest rates this year for the first time in nearly a decade.

Here's what investors can expect tonight...

The Only Way Bond Yields Will "Go Up" Now

bond yields

Last week, the Fed chose to not raise interest rates. That decision will continue to render traditional bond investments unattractive, holding them to extremely low yields.

Just looking at the returns being generated by the largest bond funds shows you'll go hungry depending on bonds for income and total returns.

There is one way bond yields will go up... but it's not good. Here's what you need to know.

Keith Fitz-Gerald: "Federal Reserve Policy Is Past Its Prime, Ignores Middle Class"


Money Morning Chief Investment Strategist Keith Fitz-Gerald talked U.S. Federal Reserve policy with "Varney & Co." host Stuart Varney on FOX Business Monday morning.

Watch the video to see what Fitz-Gerald, a 33-year global market expert, predicts will come out of the FOMC meeting on Wednesday and Thursday (Sept. 16-17) - and why he's so fed up with Fed policy...

Peter Schiff: "The Fed Won't Raise Rates, It's Part of the Bluff"

The Fed

An all-important U.S. Federal Reserve meeting on Sept. 16-17 will decide whether interest rates will be raised for the first time in nearly a decade.

But Peter Schiff, economist, best-selling author, and CEO of Euro Pacific Capital, doesn't think the Fed is actually even considering a rate hike, despite speculation.

In fact, he predicts the Fed may be forced into QE4. Here's why...

Low Eurozone Inflation Proves How Helpless Central Banks Are


The European Central Bank (ECB) is loath to admit it, but it has no control over the Eurozone inflation rate.

According to official data released this morning (Monday), Eurozone inflation in August was unchanged at 0.2%.

That's far below the 2% inflation rate target sought by the ECB. And it shows just how ineffective the central bank's unprecedented monetary stimulus program has been.

Here's what the ECB will do next...

Peter Schiff on U.S. Dollar Crisis: "The Dollar Bubble Is Going to Burst"

Stock Market Crash

Peter Schiff, economist, best-selling author, and CEO of Euro Pacific Capital, believes a U.S. dollar crisis is underway.

"The dollar is very overvalued...and the dollar is a bubble," he told Newsmax Prime on Aug. 11. "This dollar bubble is going to burst."

Indeed, two weeks later and Schiff's prediction proved timely. The U.S. dollar index has suffered a fourth-straight loss, and U.S. markets have plummeted in the worst weekly sell-off in four years.

Many blame the surprise yuan devaluation. But Schiff believes investors should be worried about the United States, not China...

Will Fed Minutes Move Markets Today?

FOMC meeting minutes today

The biggest question we've received from readers this morning is "Will Fed minutes move markets today?"

Stocks were in the red ahead of what is expected to be a volatile session

What the Fed says is key, but even more significant is tone...

How a Fed Rate Hike Will Play Out After the Yuan Devaluation

yuan and the dollar

Until this week, a Fed rate hike at the September FOMC meeting seemed more probable by the day.

U.S. Federal Reserve Chairwoman Janet Yellen had hinted for months that the U.S. central bank finally was ready to raise interest rates above zero for the first time since late 2008.

Then the Chinese central bank devalued the yuan.

Here's how that bombshell will affect the Fed rate hike...

What to Make of the Recent UK Economic Growth Numbers

UK economic growth

The United Kingdom looks to be getting back on track.

Recent UK economic growth numbers this week revealed that UK GDP is expected to grow 0.7% in the second quarter.

But this just shows that the UK is grappling with many of the same issues as the U.S. right now...

Will the Fed Meeting Today Ignore This Reality?

why is the stock market closed on Good Friday

The U.S. Federal Reserve will adjourn its two-day Fed meeting today (Wednesday) as the Fed mulls over rate hikes.

What's spooked markets over a potential rate hike is the possibility that with so much global stimulus, the United States will sink into deflation should it raise rates.

Though this is a flawed assessment of how U.S. monetary policy is working and has worked over the last seven years...

Federal Reserve Approves Capital Surcharges for Nation's Largest Banks

dow jones futures

Yesterday (Monday), the U.S. Federal Reserve System approved a rule to require the nation's largest banks to hold a larger capital buffer.

These "capital surcharges" are in addition to the 7% capital requirements set forth in the Basel Accords in 2010.

There are two takeaways from this action....

What Is the Fed Funds Rate?

what is the fed funds rate

There's been a lot of talk of when - and even if - the U.S. Federal Reserve will raise interest rates soon.

But the mechanism for which the Fed raises rates, the so-called "Fed funds rate," is hardly well-understood.

So, what is the Fed funds rate? And how does the Fed set interest rates? We look at that here...