After another dovish Federal Reserve interest rate statement from Chair Janet Yellen yesterday, global stocks and commodities are rallying.
Investors can now expect lower interest rates to last deeper into 2016.
By Diane Alter, Contributing Writer, Money Morning -
After another dovish Federal Reserve interest rate statement from Chair Janet Yellen yesterday, global stocks and commodities are rallying.
Investors can now expect lower interest rates to last deeper into 2016.
By Diane Alter, Contributing Writer, Money Morning -
After another dovish Federal Reserve interest rate statement from Chair Janet Yellen yesterday, global stocks and commodities are rallying.
Investors can now expect lower interest rates to last deeper into 2016.
Here's what that means for your money now....
By Sid Riggs, Chief Research Analyst, Money Morning -
According to Bloomberg Business, people collectively waste an hour a day on Facebook debating everything from Kim Kardashian's hair to the now infamous gold/blue dress.
After last Wednesday, I've got to wonder how much time they're going to blow talking about what Fed Chair Janet Yellen said... or didn't.
At the end of the day it doesn't matter.
I say that because one of the most fundamental investing truisms of all is that "money moves to where it's treated best."
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The Federal Open Market Committee (FOMC) minutes today did little to quell confusion over when the U.S. Federal Reserve will raise interest rates.
The expectation is that the Fed will raise rates sometime in the summer. But the direction of Fed monetary policy has become more complicated than simply pegging a rate increase to what has become an arbitrary consensus estimate.
That's because there are so many potential policy directions, and Fed ambiguity makes nothing certain.
Here's how you should read today's latest round of Fed uncertainty.