The Federal Reserve on Wednesday announced a break from raising interest rates, while projecting two more hikes. Here’s what it means for bond portfolios.
Category: Finance News
Fed holds off on rate hike, but says two more are coming later this year
The Federal Reserve on Wednesday released its decision on interest rates.
The Fed forecasts two more hikes in 2023, taking rates as high as 5.6%
The Federal Reserve paused its hiking campaign in June, but forecast it will raise interest rates as high as 5.6% before 2023 is over.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in May.
Mark Cuban: Here’s what my younger self got right—and why so many people still get it wrong
Mark Cuban says the business strategy he got right in his 20s was focusing on profitability, not raising money. Here’s why he advises others to do the same.
Stocks making the biggest moves midday: Logitech, Toyota, UnitedHealth, AMD and more
These are the stocks posting the largest moves in midday trading.
Barbara Corcoran says people get 2 things wrong about being rich: ‘I’m no happier today than I was when I was dirt poor’
Being rich does not make you happy or fix your problems, Corcoran says. It can even complicate existing relationships.
Stocks making the biggest moves premarket: Toyota, AMD, Shell, United Health and more
These are the stocks posting the largest moves in the premarket.
Here’s everything the Federal Reserve is expected to do Wednesday
The Federal Reserve on Wednesday is expected to take a break and let the U.S. economy catch its breath.
Oracle stock gets upgraded as company beats on earnings. Here’s what the pros have to say
Pros on CNBC discussed what they think about Oracle as the stock hit an all-time high after fiscal fourth-quarter beats on the top and bottom line.