In an interview, Stephen Moore maintained his view that rate increases were wrong, but said he regretted his harsh criticism of Federal Reserve Chairman Jerome H. Powell over them. Source: NYT > Business – JIM TANKERSLEY and NEIL IRWIN
Stocks Fall as Bond Market Flashes a Recession Warning
When short-term interest rates rise above long-term interest rates, it’s called a yield curve inversion. It’s one of the best predictors of a recession and it happened on Friday. Source: NYT > Business – MATT PHILLIPS
DealBook Briefing: The Fed Gave Trump What He Wants, Carefully
Central bank forecasts suggest that it won’t raise rates this year, and Wall Street couldn’t be happier. Source: NYT > Business –
Fed Holds Rates Steady and Predicts No Increases in 2019
The Federal Reserve updated its 2019 economic projections on Wednesday and telegraphed where it sees interest rates heading. Source: NYT > Business – JIM TANKERSLEY
Wall Street Is Betting the Fed’s Rate-Raising Days Are Done for Now
Money has finally started to chase this year’s stock market rally, which has been driven largely by the Fed’s sharp turn away from last year’s steady rate increases. Source: NYT > Business – MATT PHILLIPS
What You Need to Know About Wednesday’s Fed Meeting
The Federal Reserve will update its 2019 economic projections on Wednesday and telegraph where it sees interest rates heading. Source: NYT > Business – JIM TANKERSLEY