New Fed Chief to Be Revealed This Week
Before Thanksgiving, the world will find out who wins the horse race between Jerome Powell and Lael Brainard to be the next Fed chair.
Before Thanksgiving, the world will find out who wins the horse race between Jerome Powell and Lael Brainard to be the next Fed chair.
Fundamental indicates that Gold may outperform the S&P 500 Index in the coming months as the threat of stagflation becomes real.
As the Fed has made the message very clear that tapering is going to happen within the year, the payroll data this Friday will become a crucial gauge. Any weaker-than-expected reading may not trigger...
The road to higher Treasury yields finally appears to be clearing up as the Fed edges closer to ending emergency pandemic policies. This is certainly good news for the greenback.
The Fed said that it will “soon” start tapering its asset purchases, with Powell indicating that it could start in November and end in mid-2022. Powell also reiterated that the central bank will most...
Stocks and US equity futures fell Monday, hurt by a slump in Hong Kong property developers and jitters ahead of the Federal Reserve meeting that’s expected to hint at moving toward paring stimulus....
Fed is expected to begin tapering in December at a pace of $15 billion a meeting, with a $10 billion and $5 billion split between Treasuries and mortgage-backed securities.
Last week’s price action was all about the US payrolls report, which turned out to be a massive miss. The S&P 500 fell, but later climbed back to almost unchanged on thin pre-holiday volume, while...
Chair of Federal Reserve, Jerome Powell, speaking on the economic outlook at the upcoming central bank’s Jackson Hole economic symposium, will dominate market direction. Fed officials appear on track...
Markets appear to have decided that Jackson Hole will be the next key event in gauging the Fed’s path, in a week filled with a slew of US policy makers’ hints on US monetary policy’s next step....