Plain English Powell Praises U.S. Economy After Rate Hike
June 15, 2018

Federal Reserve Chairman Jerome Powell signaled growing optimism on the U.S. economy while trying to reassure investors that the central bank would not derail the country’s second-longest expansion by aggressively tightening monetary policy.

Fed officials on Wednesday raised interest rates Continue reading

Fed Lifts Rates, Steepens Path Through 2020 for More Hikes
March 24, 2018
  • Split FOMC continues to see three rate increases in 2018
  • Policy makers boost economic growth forecasts for 2018, 2019

Federal Reserve officials, meeting for the first time under Chairman Jerome Powell, raised the benchmark lending rate a quarter-point and forecast Continue reading

Yellen Says Prices `High’ for Stocks, Commercial Real Estate
February 24, 2018

Outgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble.

“Well, I don’t want to say too high. But I do want to Continue reading