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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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Companies

Jefferies Seeks to Collect a Break-Up Fee Written Into a Formal Offer

In a legal dispute, a prominent Wall Street institution incorporated a $4 million break-up fee into a formal offer, which it later sought to enforce.

Companies

Jamie Dimon Confronted Bill Gates After the Microsoft Founder Said Banks Were Dinosaurs

In the mid 1990's Jamie Dimon confronted Bill Gates after he said banks were dinosaurs: ‘Obviously he was dead wrong, he’d probably agree with that’.

FundFocus

Possible Bear Market and Financial Reset Looming

After an extended bull market, signs are emerging that suggest a looming downturn, potentially marking the onset of a bear market and financial reset.

FundFocus

4 Members of Congress Generated Triple-Digit Returns in the Stock Market Last Year

Four members of Congress generated triple-digit returns in the stock market last year. These are the three key stocks they bought.

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Popular

Companies

Bizarre Moment At Berkshire's Annual Meeting Spotlights Cyber Risk

Economy

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

Practice Management

Private Credit Could Spark Psychological Contagion, Barr Warns

FundFocus

Global Oil Stocks Are Approaching Their Lowest Level In Eight Years Says Goldman Sachs

The Trust Advisor

Inside Jack Schlossberg's Trust Fund Amid Political Campaign

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