The Fed won't end up raising interest rates as aggressively as projected, says the editor of the Grant's Interest Rate Observer newsletter.
The Fed has already raised rates three times this year. Wall Street expects one more in December.
Trump's trade war with China could disrupt the traditional Thanksgiving week rally
Fed officials need to swallow their pride and talk to more CEOs to get a better picture of the pockets of weakness in the economy, CNBC's Jim Cramer says.
The Federal Reserve in 2019 will launch a broad look at how it conducts policy and conveys what is doing to the public.
The central bank needs to start looking at monetary policy's impact on asset prices before economic conditions, Dalio says, adding he would err on the side of caution on rate hikes.
The major stock indexes snapped multiday losing steaks Thursday as J. P. Morgan Chase led banks higher and iPhone maker Apple rebounded after dipping into bear market territory earlier in the week.
Federal Reserve Chairman Jerome Powell expressed confidence in U.S. economic strength Wednesday and said markets will have to get used to the idea that the central bank could raise rates at any time starting in 2019.
Jim Cramer has been critical of Fed chief Powell, agreeing with President Donald Trump, but for different reasons, that rate increases should be halted.
Stocks fell on Wednesday as shares of Apple rolled over and fell briefly into a bear market. A decline in bank shares also pressured the broader market.
However, the strategist also says the combination of slower growth and fear could present a buying opportunity for investors.
Treasury yields fell on Tuesday as a return of volatility in equity markets prompted a modest shift toward safer assets like U.S. government debt.
U.S. government debt yields were poised for weekly gains on Friday following the Federal Reserve's decision to stand by its plans for further rate hikes and signs of inflation among producers.
The Federal Reserve "has" to raise rates because it has telegraphed it will do so and if it doesn't, the markets will drop because it will seem like the central bank "caved to the president," says former Wells Fargo CEO Dick Kovacevich.
The Federal Open Market Committee, as expected, unanimously approved keeping the federal funds rate in a range of 2 percent to 2.25 percent. The central bank made only a few tweaks to its statement.
The Federal Reserve appears on track to raise interest rates once more this year but will likely hold off on any action when its latest policy meeting ends Thursday.
U.S. government debt yields were higher Thursday as investors awaited the latest decision on monetary policy from the Federal Reserve.
Stocks could be primed for a big rally, but Fed chief Jerome Powell "has to green light us" with an interest rate increase halt, CNBC's Jim Cramer says.
Unemployment is low, and wages have ticked up, but so has inflation. Fed Chairman Jerome Powell has described the fact that wages are not growing faster as a "bit of a mystery." What is driving the weakness in inflation-adjusted wage growth?