Federal Reserve to raise interest rates

Federal Reserve to raise interest rates

The Federal Reserve is going to raise interest rates again soon – and this will drive some people crazy Probably sooner than you — or at least the market — think. In a speech in Philadelphia on Monday, Fed Chair Janet Yellen, speaking for the final time before the Fed’s June 15 meeting, said that another interest rate hike from the Fed does not require the central bank meet both parts of its dual mandate first. Here’s the key bit from Yellen’s speech (emphasis added): I continue to believe that it will be appropriate…

Great Buys In April

Great Buys In April

3 Boring Stocks That Are Great Buys In April Following a weak start to the year, markets have posted strong returns last month. Gains have come on the back of two major factors, a decline in rate hike fears and resurgence in oil prices. Stocks gained again on the first trading day of the month, raising hopes of better times ahead. However, concerns continue to linger just beneath the surface, even though they are being ignored at this point in time. This is why it is necessary to pick stocks…