Economists Lower Growth Estimates Ahead of FOMC Meeting
SIFMA's Diane Swonk cites geopolitical risk and consumers stuck “shouldering the burden of growth” as headwinds.
PIMCO’s McCulley: War on Inflation Is ‘Over, Done, Finished’
In his first commentary since returning to PIMCO, Chief Economist Paul McCulley says inflation is "dead" and stocks are fairly valued.
Fed Changes Interest Rate Policy, Linking to Wider Data Range
The Fed gave itself room to keep interest rates low by dropping a linkage between the benchmark interest rate and a specific level of unemployment.
How to Create Your Election Portfolio
It won’t be long before the presidential election is upon us. Will your portfolio be ready? Analysts from Russell, OppenheimerFunds and more say how to reposition portfolios before Nov. 6.
Fed’s Bernanke Makes Case for QE3
“I don’t think there’s any question that they’re getting ready to act,” an LPL analyst told AdvisorOne.
Bernanke to Cast His Vote on U.S. Economy at Jackson Hole
Bernanke’s speech will be analyzed more closely than usual because it follows Mitt Romney’s Thursday night acceptance speech as the Republican candidate for the presidency.
Fed to Go Public on Rate Actions in Historic Move Toward Transparency
In a historic move that points to increasing transparency at the Federal Reserve, the FOMC announced Tuesday that beginning in January, it will start to publish a forecast of its own actions.
Fed’s Bernanke Sympathizes With Occupy Wall Street as Economic Growth Stays Fragile
Fed Chairman Ben Bernanke says he sympathizes with the frustration of Occupy Wall Street protestors as U.S. jobs market weakness persists and the nation’s unemployment rate remains elevated. The Fed left its monetary policy unchanged.
Fed Tackles Long-Term Rates to Spur Economy
The Fed said it would buy $400 billion of longer-term U.S. Treasury securities to put downward pressure on longer-term interest rates and 'help make broader financial conditions more accommodative.'
Fed’s ‘Operation Twist’ Offers Bond Investment Opportunities
What does the Fed's "Operation Twist" easy-monetary policy move mean for bond investors? Here’s a roundup of what the strategists are saying about opportunities in the fixed-income market.