Further monetary action by the Fed may be warranted because of high unemployment rates and low inflation, said Federal Reserve Bank of New York President William Dudley during a speech Friday at the Society of American Business…
How can investors earn double-digit returns? According to bond guru Bill Gross, they probably can’t: “A future of low investment returns, and a heap of trouble for those expecting more, is what lies ahead,” Gross warns in his l…
The U.S. Federal Reserve is keeping its existing, easy monetary policy unchanged. But, it’s prepared to take additional action, if necessary, to stimulate the economy and combat falling prices.
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The recent stream of modestly positive economic news means the Fed probably won’t take any further action to stimulate the economy at its upcoming meeting. But nobody is calling the economy healthy yet.
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