Federal Reserve System

The Fed forecasts just one more rate hike this year

The Federal Reserve will hike interest rates just one more time in 2023 before the central bank ends its inflation…

‘Be mindful of your risk’: Money manager tackles Silicon Valley Bank fallout on ETFs

There’s speculation the Silicon Valley Bank collapse could expose problems lurking in ETFs tied to specific sectors. Astoria Portfolio Advisors…

European Central Bank hikes rates despite market mayhem, pledges support if needed

The European Central Bank on Thursday announced a further rate hike of 50 basis points, signaling it is ready to…

Fed’s Powell heads to Capitol Hill this week, and he’s going to have his hands full

Federal Reserve Chairman Jerome Powell is set to appear before Congress with a tall task: Persuade legislators that he’s committed…