Federal Reserve – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Wed, 11 Oct 2023 15:29:20 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Federal Reserve – Advisor's Edge https://phoenix.advisor.ca 32 32 Wholesale inflation in U.S. rises 2.2% in September https://phoenix.advisor.ca/news/economic/wholesale-inflation-in-u-s-rises-2-2-in-september/ Wed, 11 Oct 2023 15:29:20 +0000 https://www.advisor.ca/?p=231631 Biggest year-over-year gain since April

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]]> Rising long-term interest rates pose latest threat to soft landing for U.S. https://phoenix.advisor.ca/news/economic/rising-long-term-interest-rates-pose-latest-threat-to-soft-landing-for-u-s/ Thu, 05 Oct 2023 16:42:15 +0000 https://www.advisor.ca/?p=231518 Higher borrowing costs could lead Federal Reserve to forgo another hike

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]]> Higher gas prices lift inflation gauge but underlying price pressures remain mild https://phoenix.advisor.ca/news/economic/higher-gas-prices-lift-inflation-gauge-but-underlying-price-pressures-remain-mild/ Fri, 29 Sep 2023 15:43:42 +0000 https://www.advisor.ca/?p=231308 Latest report raises speculation that the Fed will leave interest rates unchanged at its next meeting

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]]> Fed keeps rates unchanged but signals likelihood of another hike this year to fight inflation https://phoenix.advisor.ca/news/economic/fed-keeps-rates-unchanged-but-signals-likelihood-of-another-hike-this-year-to-fight-inflation/ Wed, 20 Sep 2023 18:22:25 +0000 https://www.advisor.ca/?p=230971 Policymakers made clear Wednesday that they aren't close to declaring victory over the worst bout of inflation in 40 years

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]]> Federal Reserve is poised to leave rates unchanged as it tracks progress toward a soft landing https://phoenix.advisor.ca/news/economic/federal-reserve-is-poised-to-leave-rates-unchanged-as-it-tracks-progress-toward-a-soft-landing/ Mon, 18 Sep 2023 19:21:53 +0000 https://www.advisor.ca/?p=230856 Another rate hike this year will likely remain on the table, and Fed officials may project fewer cuts for next year

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]]> Three officials sworn in at Federal Reserve https://phoenix.advisor.ca/news/economic/three-officials-sworn-in-at-federal-reserve/ Wed, 13 Sep 2023 19:44:07 +0000 https://www.advisor.ca/?p=230734 Governing board reaches full strength with Biden appointees

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]]> High gas prices push up inflation, but prices overall are slowly moving in the right direction https://phoenix.advisor.ca/news/economic/high-gas-prices-push-up-inflation-but-prices-overall-are-slowly-moving-in-the-right-direction/ Wed, 13 Sep 2023 16:25:34 +0000 https://www.advisor.ca/?p=230717 Decline in the core measure points to inflation coming under control

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]]> Fed’s preferred inflation gauge shows modest rise in latest sign of slowing price increases https://phoenix.advisor.ca/news/economic/feds-preferred-inflation-gauge-shows-modest-rise-in-latest-sign-of-slowing-price-increases/ Thu, 31 Aug 2023 19:28:40 +0000 https://www.advisor.ca/?p=230300 Economists, traders increasingly believe Federal Reserve won't hike in September

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]]> Powell at Jackson Hole: Economy’s solid growth could dictate additional rate hikes https://phoenix.advisor.ca/news/economic/powell-at-jackson-hole-economys-solid-growth-could-require-additional-rate-hikes/ Fri, 25 Aug 2023 15:36:23 +0000 https://www.advisor.ca/?p=230112 Reiterates the central bank's determination to keep its benchmark rate elevated until inflation falls to 2% target

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]]> Fed minutes: Too-high inflation, still a threat, could require more rate hikes https://phoenix.advisor.ca/news/economic/fed-minutes-too-high-inflation-still-a-threat-could-require-more-rate-hikes/ Wed, 16 Aug 2023 18:47:31 +0000 https://www.advisor.ca/?p=229782 Policymakers said they "need to see more data" to be sure inflation pressures are abating

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