Federal Reserve meeting update. The Federal Reserve on Wednesday (20/09/17) announced it will start reducing the size of its balance sheet. At something like $4.5 trillion it will now, after nine years finally start reducing the balance in October 2017 on a monthly basis. US interest rates were held at …

Beige book published on 6th September 2017. But what exactly is the Beige Book? Beige Book Facts It is called The ‘Beige Book’ because its cover is the colour beige. It is a report published by the US Federal Reserve eight times a year. The report is published in advance …

Lower on Wall Street. The Dow Jones Industrial Average ended lower yesterday (24/08/17) to close below 21800 at 21783. The S&P 500 closed at 2438. Investor uncertainty continues ahead of the central bankers gathering at Jackson Hole on Friday.  

Inflation concerns drag on US stocks. The DOW Jones Industrial Average is falling and is under pressure today. Investors are likely to be concerned about comments made by the Federal Open Market Committee (FOMC) in its July meeting. Minutes released recently cast some concern over rising inflation. Also, the fallout …