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Stanley Fischer To Step Down From The Federal Reserve
Wednesday, September 6, 2017 - 11:59am | 450Read More...The Federal Reserve will lose an influential centrist with the resignation of Vice Chairman Stanley Fischer, according to a letter sent Wednesday to President Donald Trump. Fischer will retire from the Board of Governors by Oct. 13 for “personal reasons,” leaving his leadership post one...
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Investors, Economists Differ On Fed Rate Increase Expectations
Tuesday, August 23, 2016 - 9:44am | 453Read More...The market is nearly evenly split on the prospect of a rate hike by the end of this year, according to the CME's FedWatch Tool. A report on CNBC citing the tool, said, "Nearly 54 percent of the market believes interest rates will remain in the current range of 25 to 50 basis points in December....
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Count El-Erian Among Those Calling For A Fed Rate Hike Sooner Rather Than Later
Monday, August 22, 2016 - 3:45pm | 240Read More...Mohamed El-Erian is among those that believe the Federal Reserve needs to reassess its position of keeping interest rates low. “The Fed needs other policy makers to step up to their responsibility,” he said in a Bloomberg interview, talking about Stanley Fischer’s speech....
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Long Dollar, Long Interest Rates: Does The Stanley Fischer Trade Still Make Sense?
Tuesday, November 17, 2015 - 10:02am | 408Read More...Credit Suisse believes that the "Fischer Trade" may have run its course. The firm sees little remaining upside to the dollar and believes the long dollar trade should now be viewed mostly as a hedge. Dollar bulls should now be concentrated solely against emerging markets and...
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Following Jackson Hole Summit, Fed Appears To Stand By Rate Hike Plans
Monday, August 31, 2015 - 9:21am | 420Read More...Last week, central bankers from around the world gathered in Jackson Hole, Wyoming to discuss the state of the global economy. While the conference was set to cover a wide range of topics, policymakers were largely focused on the most recent market turmoil stemming from growth worries in China...
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The One FOMC Wild Card Probably Flying Under Your Radar
Wednesday, August 26, 2015 - 2:11pm | 356Read More...Only a few weeks ago, a growing majority seemed to think that a September rate hike by the FOMC was inevitability. My, how things have changed. In a new note out this week, Citi Research analyst William Lee took a look at how the past week of market instability has affected the potential for a...
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Jackson Hole Summit To Provide Forum For Policymakers Amid Market Turmoil
Wednesday, August 26, 2015 - 1:06pm | 361Read More...This week, the world's top central bankers will descend on Jackson Hole, Wyoming where they are set to discuss global economic issues. The meeting couldn't come at a better time, as global markets have been in a state of panic this week after worries about China sent share markets markedly lower....
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Goldman Sachs: Fed Might Hold Off Rate Hike To December
Monday, June 15, 2015 - 2:22pm | 363Read More...The Federal Open Market Committee is likely to signal a September rate hike after it meets later this week, according to an analyst. But in a recent note, the Goldman Sachs' analyst, Jan Hatzius, cautioned that there remains "a significant probability" that the Fed might hold off on a rate hike...
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Fed Rate Hike Predictions Get Even Murkier
Monday, March 2, 2015 - 2:48pm | 526Read More...Analysts have been betting on when the Federal Reserve will raise its key interest rates ever since the U.S. central bank began tapering its controversial bond buying plan in 2014. While many were expecting a rate hike as early as next month when the year began, most have pushed their forecasts...
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Market Wrap For May 21: Fed's Minutes Support Wednesday's Bull Run
Wednesday, May 21, 2014 - 4:37pm | 2652Read More...U.S. stocks rose at the opening bell and continued to rise throughout the trading session. Investors and traders breathed a sigh of relief when the Federal Reserve indicated a rate hike is not likely in the short term. According to the Fed, it is examining multiple strategies to tighten its...
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Israel ETF Rises as Central Bank Double Dips on Rate Cuts
Tuesday, May 28, 2013 - 12:08pm | 376Read More...Shares of the iShares MSCI Israel Capped Investable Market Index Fund (NYSE: EIS), the lone Israel ETF, are up nearly two percent Tuesday after the Bank of Israel pared interest rates for the second time in two weeks. On Monday, the central bank trimmed borrowing costs by 25 basis points to 1.25...
