Fed Minutes Reveal Lively September Debate About Whether First Rate Cut Should be Big or Small
Divide within the Federal Reserve about whether its first interest rate cut in more than four years should be big or small, according to minutes.
Divide within the Federal Reserve about whether its first interest rate cut in more than four years should be big or small, according to minutes.
September's unexpected labor market surge has raised new questions for wealth advisors and RIAs regarding the Federal Reserve's next move.
U.S. Federal Reserve losses crossed the $200 billion point this week, according to data released on Thursday by the central bank.
Fed Chairman Jerome Powell said the central bank is not on a "preset course" when it comes to rates and that "overall, the economy is in solid shape.
A recent UBS survey reveals that wealthy investors are significantly leaning toward Vice President Kamala Harris over former President Donald Trump.
The appetite of Fed policymakers for another large interest-rate cut in November may come into better focus in the coming week.
"Chaos." "Destructive." "A big hit to people's pocketbooks." That's what the economy will look like under a second Trump administration.