Federal Reserve Leaves Rates Unchanged But Says Economy Looks Stronger
Employment, household spending, and business investment have made solid gains, according to the Federal Reserve.
FOMC
Fed Hikes Interest Rates for Fourth Time Since Financial Crisis
Fed rate raise signals cautious optimism about economic stability.
The Fed Will Give Trump Room to Run
Far from worrying that the economy is in danger of overheating, the minutes make it clear that Fed officials see the risks to economic growth as “tilted to the downside.”
2.5 Percent Stock Crash Warns of ‘Two Bumps and a Stumble’
U.S. stocks crashed 2.5 percent on Friday, September 9 as Wall Street woke up to the risk of “Two Bumps and a Stumble” — i.e. when it takes two interest rate hikes to generate a market reaction.
The Federal Reserve of Goldman Sachs
With the appointment of Neel Kashkari as President of the Federal Reserve Bank of Minneapolis, former Goldman Sachs executives will hold 4 of the 5 Fed Presidents’ seats on the powerful Federal Open Markets Committee that controls U.S. interests rates.
