Gold Silver Reports (GSR) – Jerome Powell will likely make headlines Wednesday with an interest-rate hike in his first meeting as Federal Reserve chairman. But look to the fine print for his biggest news.
Global Economic
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Stocks Rise as Oil Climbs; Dollar Drops Before Fed
Gold Silver Reports – U.S. stocks edged higher in thin trading as oil rallied. The dollar slumped on positive trade news, while investors awaited the first rate decision under new Federal Reserve Chairman Jerome Powell.
The Fed Is Signaling More Than 3 Interest Rate Hikes for 2018
Gold Silver Reports (GSR) – The Fed Is Signaling More Than 3 Interest Rate Hikes for 2018 — Market participants are preparing for the Federal Reserve to raise its forecasts for interest-rate hikes when it releases its Summary of Economic Projections this week. Rather than focus on the projections themselves, pay attention to the risks they imply. Is the Fed more likely to raise rate expectations further as the year progresses, or will policy makers back down to the three rate hikes projected last December? In recent weeks, the Fed has signaled that the former is more likely than the latter.
As Fed Rate Fears Diminish, Dividend ETF Rakes in Most Cash Ever
Gold Silver Reports (GSR) – As Fed Rate Fears Diminish, Dividend ETF Rakes in Most Cash Ever — Investors are betting that interest rates won’t shoot through the psychological three percent barrier. One sign? Cash pouring into this dividend-focused equity exchange-traded fund.
U.S. Offers Trade Relief for Help in Pressuring China
Gold Silver Reports (GSR) – The Trump administration is pressing countries to ally with the U.S. in pushing back against Chinese trade policies in exchange for relief from American tariffs on steel and aluminum, according to a European official.
What to Expect From the Fed’s March 21 Meeting
(Bloomberg View) – At the meeting this week of the Federal Open Markets Committee, the first with Jerome Powell as chairman, the Federal Reserve is likely to raise interestRates by 25 basis points, renew its commitment to two more hikes of similar size in 2018, and reaffirm the plan to gradually reduce the size of its balance sheet. These actions will constitute another step forward in the “beautiful normalization” of monetary policy.
A Shutdown This Week? Because Of Trump, Definitely Possible
Gold Silver Reports (GSR) – A Shutdown This Week? Because Of Trump, Definitely Possible — One of the less-discussed consequences of Democrat Conor Lamb’s victory in last week’s special election in Pennsylvania is that a congressionally-caused government shutdown when the current continuing resolution expires this Friday is now far less likely.