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A Fed Rate Hike Is All But Certain This Week: 2 Phrases In The FOMC Statement May Be What Moves The Market

The Federal Open Market Committee (FOMC) is widely expected to issue at least one more 0.25% interest rate hike at the conclusion of its meeting on Wednesday. The rate hike itself will likely not move financial markets much, but the language the FOMC uses in its policy statement could be a major catalyst.

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Musk Gazes Into Crystal Ball Ahead Of Fed Call, Munger Sees More Pain For Banks, Snowden’s Take On AI And More: 5 Key Weekend Stories You May Have Missed

The imminent collapse of First Republic Bank (NYSE:FRC) was the talk of the town over the weekend and the rumors proved to be well-founded, as the Federal Deposit Insurance Corporation

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5 Economists React To PCE Inflation: What Actions Will The Fed Take After May Meeting?

The Personal consumption expenditure (PCE) price index grew 0.1% in April from the previous month and 4.2% annually, according to the Bureau of Economic Analysis. That's down from 5% in February and falling short of economist expectations of a 4.6% increase.

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