Why the Fed Backed Off on Interest Rates – Barron’s

If a foolish consistency is the hobgoblin of little minds, as Emerson famously wrote, the Federal Reserve under Jerome Powell has proved itself to be eminently broad-minded. Already in this new year, the Fed chairman has emphasized the central bank’s willingness to be patient in raising interest rates while indicating some flexibility on the pace…

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Fear of interest rate hikes is fading as next Fed meeting approaches – CNBC

The fear of the Fed is fading. As the 10-week stock market correction deepened, fears of slowing growth escalated and expectations for Fed rate hikes have fallen. While stocks weakened, investors jumped into bonds, sending yields lower and igniting worries about a looming recession. As of Monday, the odds were pretty low in the futures…

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Interest Rates Need To Tell The Truth

By Richard M. Ebeling In the middle of July 2018, President Donald Trump said in an interview that he was “not happy” with the Federal Reserve nudging up interest rates and threatening economic growth in the United States. At the recent Jackson Hole, Wyoming, meeting of global central bank leaders, the Federal Reserve chair, Jerome…

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Fed raises interest rates and signals faster hikes on the way

Interest rates are going up again as the economy gets hotter. The Federal Reserve on Wednesday lifted its benchmark rate by a quarter of a percentage point, the second hike this year. ‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; function resetValues() { totalHeight = 0; targetChildElement = null; } // Check if story…

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