FOMC Meeting

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Dow Jones Industrial Average Higher Today on Interest Rate Speculation

By , Executive Producer, Money Morning -

DJIA futures

Futures for the Dow Jones Industrial Average today (Monday, September 21) rose more than 111 points this morning after St. Louis Federal Reserve President James Bullard said he would have supported an interest rate hike during last week's FOMC meeting.

He also laid out the case for tightening monetary policy in the United States.

Here's everything else you need to know about the Dow Jones Industrial Average today...

The Fed Just Brought a "Super Crash" Closer

By , Global Credit Strategist, Money Morning • @MichaelELewitt -

dow jones industrial average

On Thursday the Fed blamed China for its policy paralysis.

This effectively expanded the Fed's dual mandate from trying to achieve full employment and price stability to trying to maintain global financial stability, but only succeeded in introducing more uncertainty to the situation.

And it gets worse. I want to show you why... and what I expect to happen now.

Will the Next Federal Reserve Meeting Deliver an Interest Rate Hike?

By , Contributing Writer, Money Morning -

Federal Reserve

After weeks of anticipation, Thursday's FOMC meeting ended without an interest rate increase. That left investors speculating if a hike will come at the next Federal Reserve meeting.

It's entirely possible, as the U.S. central bank left the door open for a rate increase following its next two-day meeting on Oct. 27 and Oct. 28. At yesterday's press conference, Fed Chairwoman Janet Yellen said "October remains a possibility," in regards to a rate hike.

Here's what investors need to watch ahead of the next Federal Reserve meeting...

What the Fed Meeting Today Means for Stocks

By , Associate Editor, Money Morning • @KyleAndersonMM -

The Fed

We're just hours away from Janet Yellen's 2:00 p.m. press conference, and investors are still in the dark on whether interest rates will rise following the Fed meeting today (Thursday).

U.S. markets were flat this morning ahead of the Fed meeting, with the Dow Jones Industrial Average down six points in early trading.

Investors are waiting anxiously, because the decision will have a huge impact on stocks...

What the Fed's "Hold" Means for Crude Oil Prices

By , Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -

fed decision

The nine years of historically low interest rates will continue in the wake of Fed Chairwoman Janet Yellen's decision to not hike rates - to not yet remove the proverbial punchbowl from the easy-money party.

It was a classic "50-50" proposition; it didn't seem likely the Fed would move to roil global markets, but given the perceived strength of the labor market, a hike wasn't out of the question.

Before Yellen decides to pull the trigger, we'll see price volatility spiral across all global markets - especially when it comes to crude.

So now the oil "doom and dread" crowd and their bearish predictions are running rampant.

Here's why they're dead wrong...

Don't Buy the Fed's New "Bribe-a-Bank" Interest Rate Policy

By , Liquidity Specialist, Money Morning -

After seven long, strange years, we're looking now at the end of ZIRP as we know it.

And good riddance, too. It's been a disaster for the U.S. economy, the middle class, the housing market - just about every facet of American economic life has suffered from this fiscal disaster masquerading as coherent monetary policy.

But what's coming next has the potential to be even worse, though you'd never know it if you read the paper...

You see, the Fed counts on a corps of enthusiastic financial media cheerleaders to parrot its company line. In fact, The New York Times just published one of their explainers discussing just how the Fed would raise interest rates should it decide to do so.

Of course, like everyone in the Fed's "Amen Corner," the author carefully avoids the subject of just how the Fed would raise rates when there's $2.6 trillion in excess cash parked in the banking system - if there's a reason why rates are zero and borrowing money is virtually free, that is it.

Never mind that common sense (not to mention the Law of Supply) suggests that, when there's too much of a good, the supplier of that good loses the ability to raise its price without a massive increase in demand for the same.

But when did common sense ever stop the Fed or its slavish propaganda wing? It would be funny - if the consequences for every American's money weren't so dire.

Here's what I mean...

Investors' Guide to Fed Interest Rates and the Upcoming Hike

By , Associate Editor, Money Morning • @TaraKateClarke -

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

Markets will react as new rates are decided, Money Morning Capital Wave Strategist Shah Gilani explained on Aug. 7. "Investors could panic. Because we're so close to all-time highs, any dip could turn into a sell-off as investors rush to book their paper profits."

Watch the following video for Gilani's prediction on the timing of a rate hike, plus get his profit-taking strategy than any investor can use to cash in when Fed interest rates climb...

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