Rates Ease as Fed Says it Will Slow Pace of Balance Sheet Tightening
Federal Reserve policymakers say they'll slow the pace of "quantitative tightening" to $40 billion a month, less than half the pace envisioned 2 years ago.
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Federal Reserve policymakers say they'll slow the pace of "quantitative tightening" to $40 billion a month, less than half the pace envisioned 2 years ago.
The Federal Reserve is standing pat on interest rates for now, with the timing of a cut uncertain. Still, the backdrop remains supportive for the U.S. job market and the rank-and-file.
Wall Street is holding its breath ahead of tomorrow's crucial Fed policy meeting. Will the stock market crash?
Stronger-than-expected US wage data has again pushed back expectations for when the Federal Reserve might begin trimming interest rates.
After UBS upgraded 5-year TIPS to most preferred in August, the firm is now recommending to move further out the curve.