Tag Archives: interest rates

Financial Daily Dose 12.12.2019 | Top Story: Fed Holds Rates Steady And Looks to Stay There

BY: Michael D. Reif | December 12, 2019

As expected, the Fed kept interest rates unchanged on Wednesday while also signaling that “they would wait to see how the economy fared before making another move” – NYTimes and WSJ and Bloomberg and MarketWatch Aramco shares surged upon hitting markets on Wednesday, but “the stock offering fell short of the royal family’s goal of … Continue reading

Financial Daily Dose 8.1.2019 | Top Story: Fed Cuts Rates for First Time Since 2008

BY: Michael D. Reif | August 1, 2019

The Fed delivered on its expected quarter-point rate cut yesterday, the first decrease in short term rates since 2008. Fed Chair Powell cited “the implications of global developments for the economic outlook as well as muted inflation pressures” as reasons for the move, though by not promising a “rate-cutting campaign,” Powell gave markets plenty of … Continue reading

Financial Daily Dose 7.31.2019 | Top Story: Fed Likely to Cut Interest Rates

BY: Michael D. Reif | July 31, 2019

At this point, pretty much everyone on Wall Street is expecting the Fed to cut interest rates as its FOMC meeting breaks later today. Some thoughts on what’s likely to happen and how the Street could react to the news – MarketWatch and NYTimes and WSJ and Bloomberg Even as trade talks between the US … Continue reading

Financial Daily Dose 7.8.2019 | Top Story: Friday’s Solid Jobs Report Prompts Rate-Cut Concerns

BY: Michael D. Reif | July 8, 2019

We managed to miss Jobs Report Friday because of the holiday break, so here’s the lowdown on a very strong set of numbers—224,000 jobs added—and the seemingly incongruous market reaction to the good news (it’s all about the Fed and interest rates, my friends) – NYTimes and WSJ and Bloomberg and MarketWatch and Marketplace Turkey’s … Continue reading