The financial markets are penciling in a quarter-point increase to the benchmark federal funds rate at today’s Federal Open Market Committee (FOMC) policy meeting. Here is a snapshot of what investors expect: Looking ahead, the futures market does not see the Fed easing monetary policy until December. But there is one man urging the U.S. […]
Federal Reserve
Federal Reserve restarts quantitative easing (QE) as balance sheet explodes in one week
Well, it has not even been a year since the Federal Reserve began trimming its balance sheet. It turns out that the Eccles Building restarted quantitative easing (QE) in the last week, taking on approximately $300 billion in assets. Here is a look at the more than $8.6 trillion balance sheet: Yikes.
Federal Reserve expected to slash interest rates by 100 basis points over next 12 months to prevent banking crisis
The upcoming Federal Open Market Committee (FOMC) policy meeting will be perhaps the most important powwow of the year. The Federal Reserve is expected to raise interest rates by just 25 basis points, although Goldman Sachs is anticipating a 0% move. But what happens after the summer could be critical for the financial markets. Investors […]
Watch: Federal Reserve Vice Chair to talk cryptocurrencies at PIIE event
How will the Federal Reserve crack down on cryptocurrencies? Fed Vice Chair Michael S. Barr will appear at a PIIE event to talk cryptos. Here is the link to the video:
Markets now expecting 50-basis-point rate hike at March FOMC meeting
What a difference a week can make. Following this week’s testimony on Capitol Hill from Federal Reserve Chair Jerome Powell, the financial market is now penciling in a larger-than-expected rate hike at this month’s Federal Open Market Committee (FOMC) policy meeting. Investors are expecting a 50-basis-point increase in the benchmark federal funds rate (FFR). Just […]