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

(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.

Recent

Flexible Plan Gold Fund Helps Push Platform Assets Past $3 Billion

Unlike funds that invest in bullion and mining stocks, the Gold Bullion Strategy Fund seeks to track the daily return of gold via ETFs and futures.

Pandemic led to early retirement for many Americans — some voluntary, some not

More than 1 in 10 baby boomers said the pandemic caused them to retire sooner than expected.

Target-date funds led to 75% decrease in ‘extreme’ equity allocations: Vanguard

Vanguard's insights show that many of the new retirement saving measures helped ward off rash – and potentially expensive – decisions.

Can Congress Really Increase Taxes Retroactively?

Biden’s budget calls for the increase in the top capital gains rate to be implemented retroactively.

Popular

Practice Management

Private Credit Could Spark Psychological Contagion, Barr Warns

The Trust Advisor

Inside Jack Schlossberg's Trust Fund Amid Political Campaign

FundFocus

Bill Ackman’s Pershing Square USA Sinks 16% After $5 Billion IPO

Companies

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

Companies

Bizarre Moment At Berkshire's Annual Meeting Spotlights Cyber Risk