Fed likely to shed light on interest-rate cut timeline at January meeting
Rick Rieder, BlackRock’s global fixed income CIO, said investors should buy high-quality fixed income assets in the five-year portion of the yield curve in The Craman Countdown. After nearly two years of battling high inflation; federal reserve We may finally be on the brink of lowering interest rates. Fed officials are widely expected to keep […]
My wife said she’d leave me if I got dementia
Dear Abby: I have been with my wife “Sandy” for 40 years. We got married as soon as we could as a gay couple. Although our relationship is not perfect, we are deeply committed and have always felt that we share the same values. Recently, one of the partners of a couple we know well […]
Fed minutes reveal inflation risks ‘diminished’ but shed little light on when cuts may begin
Federal Reserve officials said at a meeting last month that “upside risks” had receded and concerns about the damage to the economy from “overly restrictive” monetary policy grew, according to central bank minutes. They seemed increasingly confident that inflation was being brought under control. Policy meeting on December 12-13. As a result, the minutes stated […]