A headline from Bank of America caught our attention late week saying the Fed is fed up with continued inflation and about to do something about it. Bank of America financial analysts say the Fed has tolerated annual inflation above its 2% target going on five years now. And they forecast the Fed will raise interest rates by a quarter …
Federal Reserve Board to Meet In Late July
Federal Reserve Board opens its two-day June meeting today. Very little chance of any interest rate cut. The Feds last met in late April. Jerome Powell’s last meeting as chairman, Kevin Warsh, was sworn in on May 22, becoming the 17th chairman of the board. Recent economic reports, escalation of action in Iran, leaving very little chance of any Fed …
Federal Reserve Board Meeting Preview
Markets Reopen as Federal Reserve Meeting Draws Heightened Scrutiny Financial markets are back open today, with investor attention already turning toward the Federal Reserve Board’s first meeting of the year, which begins a week from today. While the January Fed meeting often sets the tone for monetary policy expectations, this year’s gathering is drawing unusual levels of scrutiny from Wall …


