Fed Hikes Rates A Little More And No Santa Rally So Far As Markets Remain Down

Getty Images TL;DR The Fed has hiked rates again this month, though the 0.50 percentage point increase slowdown from the 0.75 percentage point increases we’ve seen at the past four meetings The annual...

Federal Reserve Continues Interest Rate Hikes And Housing Market Sees Spike In Mortgage Rates: Forbes AI Newsletter

AFP via Getty Images TL;DR To the surprise of no one, the Fed raised rates by 0.75 percentage points this week, with further hikes expected through the rest of 2022 and into 2023 Mortgage rates have s...

Fed’s Bullard Raises Target for Year-End Funds Rate

Federal Reserve Bank of St. Louis President James Bullard said Friday that unexpectedly high inflation calls for a more aggressive path of short-term interest rate rises this year. Inflation “has come...

The Fed Is As Much In The Dark As The Rest Of Us

Federal Reserve Chairman Jerome Powell has no surefire playbook at his disposal (Photo by ANDREW … [+] CABALLERO-REYNOLDS / AFP) AFP via Getty Images “The Fed Is About To Make A Massive Policy E...