Goldman Sachs Forecasts Fed Rate Hike
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Some economists are calling on the central bank to wait before raising interest rates, out of concern the economy may be vulnerable beneath the surface.
Persistent inflation and a resilient U.S. economy make a Fed rate hike likely this week. See what the decision could mean for stocks, bonds and Treasury yields.
Ahead of the September meeting, inflation was rising faster than workers’ paychecks and hiring rebounded in August.
Fed Chairman Kevin Warsh is up against it.
The key “affordability” rate briefly touched its highest level since 2007 on Monday.
13hon MSN
The Fed may raise interest rates this week. Here's where you should keep your money if that happens.
The Fed could issue its first interest rate hike since 2023 this week. Here's where to move your money if that occurs.
Looking at history, the benchmark S&P 500 index has seen an average three-month return of negative 2% at the start of a Fed hiking cycle throughout the past few decades, according to Goldman Sachs.
When Kevin Warsh was sworn into office at a White House ceremony in May, President Donald Trump praised his hand-picked Federal Reserve chairman and encouraged him to be “totally independent.” “Just do your own thing,
Earlier this month, Druckenmiller, whose views of the Fed and U.S. monetary policy have become closely scrutinized due to his close ties with Warsh and Bessent, put his name to a scathing Wall Street Journal op-ed, slamming his former protégé for attempting to manipulate and lower long-term bond yields.
The Federal Reserve is expected to raise interest rates to fight inflation, addressing persistent price increases pushed higher by global events. Learn more.
The real problem with inflation isn't Kevin Warsh -- and it might be beyond his power to fix it anytime soon.