Tag Archives: Fed’s

Feds: Dormont man remanded to prison for blogging hate speech

A Dormont man, who has over the past 15 years been acquitted of murder, praised a convicted cop-killer, left anti-Semitic fliers on cars and twice violated the terms of his federal parole, could again have that parole revoked as he is accused of blogging calls for violence against the Jewish community. Hardy Carroll Lloyd, 41, was remanded to prison pending ... Read More »

Trump win casts doubt on Fed’s plans to hike interest rates

Getty Images Janet Yellen Donald Trump’s victory in the U.S. presidential race throws into question the core assumption in global financial markets that the Federal Reserve will raise interest rates soon and follow with further gradual hikes over coming years. Financial markets swooned after Trump’s win, with the dollar and stocks sinking and safe-haven sovereign bonds and gold shooting higher, ... Read More »

Trump’s win sparks confusion over the Fed’s next move

For as much as the Federal Reserve professes its independence, it is not immune to politics. Financial markets are well aware of this sensitivity and are beginning to rethink where the central bank is heading, following Donald Trump’s shocking election victory. Prior to Tuesday’s election, Wall Street widely expected the Fed to enact its first rate hike in a year ... Read More »

The Fed’s next move: Stand pat or hike, again?

Fed governor Stanley Fischer on Monday hinted at increased interest rates this year by mentioning possible upticks in inflation. BMO’s Chief Investment Strategist Brian Belski and Pimco’s global strategic advisor, Richard Clarida, addressed the Fed’s next move on CNBC’s “Power Lunch” and agreed the market would not see a rate hikes until the summer or even fall. “We have to ... Read More »

Fed’s Bullard: Stock correction prevented bubble

St. Louis Fed President Jim Bullard said Thursday the silver lining of the stock market’s correction was it averted an asset bubble. Despite investor concern about the 2016 market downtown after years of strong returns, Bullard told CNBC’s “Squawk Box” that U.S. equities seem to be better priced at current levels. “If we had continued to go up at that ... Read More »

Cashin: Others doing Fed’s tightening for it

Monetary policy in the U.S. will be tighter even if the Federal Reservedoes not raise interest rates this year, Art Cashin of UBS said Monday. “I have said again and again: I don’t think the Fed tightens anymore, but I think the other central banks are, in effect, tightening for them by bringing their rates down and raising the contrast ... Read More »