Unless you were buried by a snowdrift you know that the Fed did the expected today, increasing their benchmark rate by 25 bp and maintaining their vectors for three interest rate increases this year, and two next year. There was
March 21, 2018
In line with expectations, the Federal Reserve raised the target range for the fed funds rate by 25 bp to 1.25% – 1.50%. The post-meeting statement highlighted a strengthened economic outlook and the Committee’s increased confidence to hit the inflation
Core indices drifted lower today and possibly from the headline that the Central Bank continues to take steps towards opening its markets. Todays announcement that the domestic market will be open to foreign third party payment firms is another move
Core indices drifted lower today and possibly from the headline that the Central Bank continues to take steps towards opening its markets. Todays announcement that the domestic market will be open to foreign third party payment firms is another move
iStock.com/coffeekai Facebook and Other FANG Companies Under Pressure: Data Mining Scandal Could Burst Tech Bubble Facebook stock lost about 11% of its value in less than 48 hours. Is Wall Street about to experience the implosion of a new tech
We’ve used data from the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 states by dollar-per-gallon before taxes. Unlike natural gas and electricity, home heating oil is provided by independent retailers. The latest price of
The Federal Reserve raised rates as expected but left the interest rate forecast for 2018 at three hikes. The Fed did upgrade the forecast for 2019, 2020, and the long-term, but the moves are limited. The US Dollar does not like this
And it’s gone… The biggest post-Powell winner was gold… Stocks drifted higher ahead of The Fed, but Powell’s initial hawkish tone sent stocks lower – into the red for the day initially – but the machines quickly bid the
The Economic projections made at today’s FOMC meeting are straight from Fantasyland. 4.75%-5.00% Interest Rates in 2020? That’s what one economic clown believes. Did anyone bother to calculate interest on the national debt at even 4.00%? Judging from the dot
The purpose of this article is to objectively examine regulations and the impact on the economy. While there will be discussion of government policy, our review is not negatively nor positively inclined towards any particular administration. Many in the United
