Market veteran Howard Marks says Fed is 'not going back' to ultra-low rates
by CNBC
CNBC— That means credit can provide a "very solid foundation" to an investment portfolio, the Oaktree Capital Management co-founder told CNBC.
US News Money—Fed's Powell Says Looming Election Won't Sway Rate Decisions. NEW YORK (Reuters) - Federal Reserve Chairman Jerome Powell reiterated Wednesday that political considerations around the looming presidential election will not affect the central bank's interest rate decisions.When it comes to the election, “we’re at peace with it, we know that we’ll do what we think is the right thing," Powell said at his press conference following the latest Federal Open Market Committee meeting. He added there's no evidence from Fed meeting transcripts that officials have...
Kiplinger—Fed Holds Rates Steady at 23-Year High: What the Experts Are Saying. The Federal Reserve struck a dovish pose even as it kept interest rates unchanged for a sixth straight meeting.
IOL—Market trades with caution ahead of US Fed rate decision this week. Markets and the rand on Monday were trading cautiously as they wait for direction, following the outcome of the US Federal Reserve's...