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

Former Goldman Sachs CEO Warns The U.S. Economy May Be At A Pivotal Moment

The former chief executive who guided Goldman Sachs through the 2008 financial crisis is giving a warning about the U.S. economy's future.

Washington Wire

Sticky inflation Report Unlikely To Keep Fed Off Course For Rate Cut Next Week

A stickier inflation report isn't likely to kick the Fed off course for an interest rate cut next week, but it is likely to prevent a jumbo cut.

Washington Wire

September Fed Rate Cut A Done Deal, At Least One More To Follow By Year-End: Reuters Poll

The Federal Reserve will cut its key interest rate by 25 basis points on September 17.

Advisor Wellness

SEC Challenged By Lawsuit Over The Accredited Investor Rule

A fresh legal challenge is taking aim at one of the most entrenched rules in securities law: the SEC's accredited investor standard.

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Bizarre Moment At Berkshire's Annual Meeting Spotlights Cyber Risk

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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

Economy

NY Fed's Williams Warns Of 'Significant And Unpredictable' Risks To Economy From Iran War