Not since March 2000 has the Federal Open Market Committee announced a 50-basis-point increase to the federal funds target rate.
Hard-core technical analysts will tell you that, ultimately, “price” is the only thing that matters.
Prices for assets of all kinds were up Wednesday, including stocks, commodities, and cryptocurrencies. The U.S.
The major U.S.
Yesterday, Chair Jerome Powell reiterated that the Federal Reserve will tighten monetary policy aggressively to fight inflation, noting that a
“The Fed has been in the business of suppressing volatility in financial assets for most of the post-Global Financial Crisis period,” notes Bi
The average 30-year mortgage rate in the U.S.
The Bureau of Labor Statistics’ report on the producer price index for March showed the biggest month-over-month and year-over-year gains on r
The Consumer Price Index increased 8.5% in March compared to a year earlier, another new 40-year-high following a 7.9% annual gain in February