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Federal Reserve To 'Follow Through' With 0.25% Rate Hike Wednesday, Likely Another Next Meeting, Says Former Atlanta Fed President
Wednesday, July 26, 2023 - 10:23am | 653If the Federal Reserve raises rates Wednesday afternoon, it will bring the fed funds rate to its highest level in more than 20 years. Former Atlanta Fed president Dennis Lockhart says the Fed has to follow through with a rate hike following last month's pause. What To Know: The...
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The Fed's Fisher: 'Stan The Man,' 'Odd Stan Out'...Or Both?
Tuesday, August 30, 2016 - 1:19pm | 369Stanley Fisher, the Federal Reserve's second highest ranked member, is either "Stan the Man" or "Odd Stan Out," according to Bloomberg. Federal Reserve Chair Janet Yellen gave a much anticipated speech last week at Jackson Hole. According to Bloomberg, the speech was considered to be somewhat...
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The Fed's Mixed Feelings On Rate Hikes
Friday, July 15, 2016 - 11:08am | 401The U.S. Federal Reserve would prefer to be predictable. However, when global markets are unpredictable, the Fed is left with no choice but to be unpredictable. When the Fed raised interest rates back in December, it’s likely that the members had planned a very predictable and steady rate...
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Donald Trump Could Impact The U.S. Economy Even Before The Election
Thursday, May 12, 2016 - 4:31pm | 339The latest Reuters/Ipsos poll of likely U.S. voters showed Donald Trump has surged in popularity and is now running nearly even with rival Hillary Clinton. While many investors dismiss the idea that Trump's extreme rhetoric involving the deportation of 11 million illegal workers and/or...
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Fed's Lockhart Says A 'Gradual' Tightening Does Not Imply Rate Hike At Every Meeting
Monday, December 21, 2015 - 3:48pm | 180The Federal Reserve raised its benchmark rate for the first time in approximately 10 years during its December meeting. Now that the first rate hike has passed, investors are focusing on when the next rate hike will be announced, and at what frequency will the Fed implement its new policy of...
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What Is Each Fed President Saying About A Rate Hike?
Tuesday, August 25, 2015 - 11:32am | 760While global financial markets try to determine if the turmoil resulting from China’s economic weakness is enough to put a potential September Federal Reserve rate hike on hold for the time being, now is a good time to take a careful look at what 11 of the 13 Federal Reserve Bank Presidents...
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Market Wrap For March 26: Markets Close Near Session Lows In Yet Another Volatile Trading Session
Wednesday, March 26, 2014 - 4:46pm | 2082U.S. stocks failed to rise in a choppy session which began the day in positive territory. Shares reversed and turned negative with technology stocks leading the way. The CBOE Volatility Index, also known as the "fear index" rose 3.9 percent to 14.57 despite economic data released today coming...
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January Volatility Alert: Be On The Lookout For Bears!
Tuesday, January 14, 2014 - 4:07pm | 1151As has been mentioned a time or two hundred in this space over the years, the primary purpose of our oftentimes meandering morning market missive is to identify the drivers of the market action. The thinking is that if investors can understand why the indices are doing what they are doing in...
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Market Wrap For January 13: Markets Showing Weakness Ahead Of Major Earning Releases
Monday, January 13, 2014 - 5:52pm | 2370Investors and traders were in clear selling mode today ahead of a very busy week of earnings. The Dow suffered a triple digit point loss while the S&P 500 and Nasdaq suffered losses of more than one percent. There were no key economic data releases today. Related: Earnings Expectations For...
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Market Wrap For November 22: Markets Finish The Week On a Positive Note
Friday, November 22, 2013 - 5:57pm | 1641While not offering any specifics, investors seemed comfortable enough with Dennis Lockhart's comments to end the week on a positive note. While speaking to CNBC the Atlanta Fed chief commented that tapering will begin “when the economy is ready and when the market is ready.” Lockhart also noted...
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What Can Be Learned When The Algos Are In Charge?
Wednesday, November 13, 2013 - 11:53am | 3171The goal of this report, which can oftentimes be classified as a meandering morning market missive, is to identify the primary drivers of the stock market. To be sure, there are certainly times when the drivers of the action are actually quite easy to identify. And then there are days like Tuesday...
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#PreMarket Primer: Wednesday, November 13: Will Or Won't The Fed Taper?
Wednesday, November 13, 2013 - 7:56am | 1021Atlanta’s Federal Reserve Bank President Dennis Lockhart told reporters on Tuesday that the bank has not ruled out the possibility of beginning to taper its stimulus spending at the Fed’s December meeting. Lockhart also commented that monetary policy should continue to be accommodative for “...
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Market Wrap For November 12: Investors Continue to Speculate on the Fed's Tapering Measures
Tuesday, November 12, 2013 - 7:09pm | 1803U.S. stocks traded lower throughout the large majority of Tuesday's trading session, as investors continue to speculate on the timeline for the Fed's tapering measures. With the earnings season beginning to wind down and data on the economic front relatively sparse so far this week, traders'...
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Tapering Expectations?
Wednesday, August 14, 2013 - 4:14pm | 2803Stocks have been going sideways for the better part of the past month. And as can be expected, the two combatants in our stock market game have differing opinions on what this means. "Sideways is the new down!" is the battle cry of the glass-is-at-least-half-full camp. However, on the...
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The Top 10 Financial Tweets For Tuesday, August 13
Tuesday, August 13, 2013 - 2:11pm | 1176There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical. 1. Danny Blanchflower Dartmouth economics professor and former Bank of England...