Fed holds course for volatility, but recession-less: Strategist

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The Federal Reserve News

Interest Rates,John Stoltzfus

The Federal Reserve came out of its May FOMC meeting last week with a decision to leave interest rates unchanged. US equity markets (^GSPC, ^DJI, ^IXIC) have...

The Federal Reserve came out of its May FOMC meeting last week with a decision to leave interest rates unchanged. US equity markets -- A veteran Canadian bank analyst says Toronto-Dominion Bank’s role in an alleged money-laundering scheme has made the “worst-case scenario” more likely — a huge fine and strict limits on the lender’s US growth.

James Baldwin famously said, "Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor." In January 2014, long after the Great Recession but before the pandemic,... $3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ saysMOSCOW -Russia's finance ministry said on Monday that it would halve its purchases of foreign currency and gold in the month ahead, a move that will increase the state's overall forex sales.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Suncor earnings Suncor Energy Inc. will report its first-quarter results on Tuesday evening and hold a conference call with investors and financial analysts on Wednesday morning. The company will also hold its annual meeting on Tuesday. Shopify earnings Shopify Inc. will report its first-quarter results before markets open Wednesday and hold a conference call with analysts and investors.

With its stock down 19% over the past three months, it is easy to disregard Magna International . We decided to... -- Oil advanced after a weekly drop as Saudi Arabia’s price hikes for Asia signaled confidence in the outlook, while Israel’s latest moves in the Gaza Strip put the focus back on tensions in the region.

 

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