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Dollar ETFs Really Need Interest Rates To Rise This Year
Friday, September 18, 2015 - 3:54pm | 601The PowerShares DB US Dollar Index Bullish (NYSE: UUP), the U.S. Dollar Index tracking exchange traded funds, and the actively managed WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSE: USDU) are up 3.2 percent and 4.7 percent, respectively, year-to-date. Those gains have been fueled in large...
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September Rate Hike: Will They Or Won't They?
Thursday, September 10, 2015 - 1:56pm | 428Next week will be a big one for U.S. markets as the Federal Reserve is due to hold its monthly policy meeting over two days on Wednesday and Thursday. The September meeting is a pivotal one, as investors are 50/50 on whether the bank is planning to raise interest rates this month or hold off in...
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U.S. GDP Data Further Complicates Fed Rate Hike Predictions
Friday, August 28, 2015 - 12:38pm | 382For the past year, traders have been trying to get inside the minds of the U.S. central bankers at the Federal Reserve to determine when the bank's much anticipated rate hike will come. The timing of a rate increase has always been ambiguous, but in light of recent market events, predicting when...
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Why Didn't The Fed's 'Patience' Translate Into Market Gains?
Friday, January 30, 2015 - 4:12pm | 340On Wednesday, January 28, the U.S. Federal Reserve wrapped up its monthly meeting without making any changes to the nation’s monetary policy. The bank released a statement saying that it would be “patient” in regard to tightening, suggesting that the bank would make a decision...
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Janet Yellen Expresses Optimism, But Says Economy Is Not 'Close to Full Recovery'
Tuesday, February 11, 2014 - 4:02pm | 560As testimony continued in a manner one blogger described as a "remarkably slow cadence," incoming Federal Reserve Chairwoman, Janet Yellen, told Congress Tuesday that the central bank remains optimistic on the economy and was determined to retreat from its stimulus program slowly. In prepared...
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Fed Likely To Announce Reduction Of Bond Buying
Wednesday, September 18, 2013 - 12:18pm | 295A report from Reuters early Wednesday morning anticipated a move by the U.S. Federal Reserve to reduce bond buying. The report arose in the context of a quarterly meeting among executives at the Fed. Such a move could begin the much-discussed tapering agenda, the effort to scale back the immense...