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Fed Dissenters Speak Out: 'The Next Rate Change Could Be Either A Cut Or A Hike'

by The Wealth Advisor Contributor
(Yahoo! Finance) - Three Federal Reserve officials offered insight about why they dissented at this past week’s meeting over the central bank’s bias toward cutting interest rates.The policy statement released by the Federal Open Market Committee following the April 29 meeting said officials will consider the extent and timing of “additional adjustments” to interest rates.

Featured

China's Rare Defiance Of US Sanctions Sparks Showdown Over Banks

(Bloomberg) - China has ordered companies to defy US sanctions for the first time, a step that threatens to put its banking sector into the crosshairs of competition between the world’s largest economies.

Current Earnings Strength Being Driven By Capital Investment In Artificial Intelligence

It comes down to earnings durability and breadth.

Tax Alpha, Total Customization, and Five Minutes a Quarter: Alpha Vee Makes the Case for Direct Indexing

Every advisor has a version of the same pitch conversation.

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Commentaries

Dalio: Good Odds Bitcoin Will Be Outlawed

Governments have shut down alternatives to fiat currency in the past. Ray Dalio warns that bitcoin may be banned in some countries soon.

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Clients Worried About The Next Crash?

No, rising Treasury bond yields aren't one of the telltale signs of a crash coming. Higher yields are also indicative of a rebounding U.S. economy.

Commentaries

Why Tech Is Reeling

Sanford Bernstein may be formally "worried" now but other banks are still urging clients to buy the dip ahead of continued long-term wealth creation.

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Peter Schiff: Fed Is Trapped

Noted perma bear says inflation defense is impossible unless Powell is willing to bankrupt the Treasury. Either way, his precious metals win.

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Private Credit Could Spark Psychological Contagion, Barr Warns

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The Only Number That Matters For 'Magnificent 7' Earnings This Week: Morning Brief

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Bessent Says US Is ‘Suffocating’ Iran With Oil Industry Creaking

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