Interest Rates

Federal Reserve officials met for the first time under new Fed Chairman Jerome Powell this week. What Happened The Fed raised the benchmark interest rate by one-quarter of a point to a range of 1.5 percent to 1.75 percent. The discount rate was raised from 2 percent to 2.25 percent. The...

The beginning of the fourth quarter picked up exactly where the third quarter ended, with the stock market sustaining its momentum and showing few signs of weakness. Investors who are in the process of balancing their portfolio and adding names may want to consider Citigroup Inc (NYSE: C), JPMorgan...

Bank investors were greeted with multiple downgrades Monday from two notable bank analysts. Here's a roundup of what was said and which stocks were downgraded. Bank stocks have been hot over the past month having gained 10 percent to trade at post-election highs, Baird's David George...

Say goodbye to the easy money policy that the Federal Reserve has pursued since the dawn of the financial crisis. The Central Bank, in a historic move, said today that beginning next month it will take a slow and easy route to unwind the lofty balance sheet it has accumulated these last nine years...

Having already laid the groundwork with two interest rate hikes this year, the Federal Open Market Committee took an unprecedented step to tighten its monetary policy Wednesday. As expected, the FOMC confirmed it would begin to contract its sizeable balance sheet and shrink its bond portfolio in...

Bank stocks were one of the immediate beneficiaries of the "Trump rally" following the 2016 presidential election. But by February 2017, the positive sentiment "drifted out of the stocks," Bernstein's Kevin St. Pierre commented in a research report. Since then, many of the stocks under the analyst'...

Who will take the blame for a global recession? The answer, at least according to famed bond investor Bill Gross is central banks across the world. Gross, head of the $2.1 billion Janus Henderson Global Unconstrained Bond Fund, said in a letter to investors that central banks across the world have...

Canada's Prime Minister Justin Trudeau promised middle class Canadians and those working hard to move up the economic ladder "sunny ways" during the 2015 election campaign. But a recent move by the Bank of Canada to boost interest rates for the first time in years may serve as a...

Many investors feel the current "Trump rally" is being driven by positive sentiment rather than any logical fundamental reason. But that isn't the case at all, according to CNBC's Jim Cramer, who notes that the most recent encouraging sign comes from the Federal Reserve. Fed. Chairwoman Janet...

A handful of big banks will release their earnings reports Friday, and TD Ameritrade Holding Corp. (NASDAQ: AMTD) Chief Strategist JJ Kinahan hopes they’ll live up to the hype. But the stars don’t appear to be aligning. “Earnings expectations are high,” Kinahan told Benzinga...