Latest Real interest rate Stories
NEW YORK, April 21 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com ), had the following commentary based on recent developments: Friday's news that America's most distinguished and powerful investment firm had been charged with securities fraud by the U.S. Securities and Exchange Commission sent stock and commodity markets sharply lower. Gold was no exception, briefly falling below $1130 an ounce Monday morning from its Friday high...
By Tim Ahmann WASHINGTON (Reuters) - The Federal Reserve raised U.S. interest rates a 17th straight time on Thursday, but fired up financial markets by toning down its warnings about the possible need for further increases. As widely expected, the central bank's policy-setting Federal Open Market Committee voted unanimously to lift the benchmark federal funds rate target a quarter-percentage point to 5.25 percent, its highest since March 2001. In a statement announcing its action,...
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