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Yellen, alongside Fed alum, says rate hikes on track

April 8, 2016 By publisher

The U.S. economy is on a solid course with some hints of inflation so the Federal Reserve is on track for further interest rate hikes, Federal Reserve Chair Janet Yellen said on Thursday in a defense of her decision to tighten policy late last year. In a rare spectacle, Yellen spoke on a New York panel alongside her three predecessors who ran the world's most powerful central bank. “So yes, there is accommodation in the monetary policy that we have.

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Yellen, alongside Fed alum, says rate hikes on track

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Wall Street rallies on gradual Fed tightening, improving economy

December 16, 2015 By creative

NEW YORK (Reuters) – U.S. stocks rallied on Wednesday after the Federal Reserve announced it is raising its key policy rate for the first time in nearly a decade in a sign of confidence in the U.S. economy.

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Wall Street rallies on gradual Fed tightening, improving economy

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Wall Street veterans say rate-hike past is not prologue for markets

December 13, 2015 By creative

By Trevor Hunnicutt NEW YORK (Reuters) – It has only been six years since the U.S. stock market rout brought on by the financial crisis, but as far as Deena Katz's clients are concerned, that might as well be ancient history. “People have a thirty-second memory,” said Katz, 65, co-chairman at Evensky & Katz/Foldes Financial Wealth Management. “We're used to an instant turnaround.” That is particularly true when compared to investors who lived through longer periods of economic disaster, like the stagnant economy and rampant inflation of the 1970s or the Great Depression in the 1930s.

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Wall Street veterans say rate-hike past is not prologue for markets

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White House threatens veto of rule-based monetary policy bill

November 17, 2015 By admin

By Jason Lange WASHINGTON (Reuters) – The White House on Tuesday issued a veto threat for a Republican-backed bill to make the Federal Reserve set interest rate policy using a mathematical rule, a proposal Fed Chair Janet Yellen said would “severely damage” the U.S. economy. The Obama administration opposes the proposal because it would hinder the Fed's ability to help the economy, the White House said in a statement. Lawmakers in the U.S. House of Representatives cleared the way on Tuesday for vote on the bill, called the Fed Oversight Reform and Modernization Act, as soon as Wednesday.

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White House threatens veto of rule-based monetary policy bill

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Yellen, alongside Fed alum, says rate hikes on track

Wall Street rallies on gradual Fed tightening, improving economy

Wall Street veterans say rate-hike past is not prologue for markets

White House threatens veto of rule-based monetary policy bill