John Ryding

The SPDR S&P 500 (NYSE: SPY) is sliding Tuesday as the Federal Reserve kicks off its two-day policy meeting, which is expected to feature another large rate hike. What To Know: Fed officials are set to release their latest projections on Wednesday, which most...

According to an article on Bloomberg, Federal Reserve Chairman Ben S. Bernanke said that even though consumer confidence is being driven down by weak job gains, hike in wages is likely to drive household spending in the forthcoming quarters. While speaking in Charleston, South Carolina, Bernanke...