Fed PolicyInvestments

Ben Bernanke begins his final FOMC meeting

Market awaits news of further tapering

According to USA Today, stocks are mostly up and projected to break a five-session skid as investors await the outcome of Federal Reserve Chairman Ben Bernanke’s last Federal Open Market Committee meeting. The paper notes:

Fed officials are expected to announce a reduction in its bond buying program by another $10 billion to $65 billion as the U.S. economy continues to improve.

Wall Street got a lift from stabilization in topsy-turvy emerging markets, where central bankers there took steps to address recent currency market volatility and head off a potential crisis.

Most Popular Articles

Latest Articles

2024 is not the year to cut corners on staging — here’s why 

With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please