WHERE TO WATCH
Interest Rates Remain Unchanged as Two-Day Fed Meeting Comes to a Close
March 20, 2019
On Wednesday, the Federal Reserve announced that interest rates will remain unchanged in 2019. Frank Sorrentino, CEO of ConnectOne Bank, joins Cheddar to discuss what this means for the economy.
Cheddar Morning News Briefing of February 25th
Feb 24, 2021
Chairman Powell: Fed Is In No Hurry to Raise Interest Rates
Federal Reserve Chairman Jerome Powell has told Congress that the central bank will not begin raising interest rates until it believes its goals on maximum employment and inflation have been reached.
Feb 17, 2021
Dow Closes at Record for Third Straight Session, Other Indexes Close Lower
The Dow was the bright spot on Wall Street Wednesday, hitting a record close for the third straight session. Meanwhile, the S&P, Nasdaq, and Russell 2000 all closed lower. D.R. Barton, Chief Technical Strategist at MoneyMorning.com, says what we're seeing this week is a good thing because while markets were becoming overheated, investors still didn't experience a major sell-off.
Feb 23, 2021
Fed's Powell: Recovery Incomplete, Higher Inflation Unlikely
Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.