This week, the Federal Reserve has its September meeting where it could potentially decide to increase interest rates for the first time since 2008. The CME FedWatch Tool measures the market’s expectation of Fed target rates.Currently, the market-estimated probability of a 0.25 percent rate increase on September 17 is significantly higher than ... Read More ›

Over the weekend, Greece signed up for an agreement with the European Union that saved it from a “Grexit” (Greek exit from the Eurozone). In other news, the Chinese stock market has finally stabilized almost a third off its early June peak. Yet this wasn’t necessarily the result of the market alone, but significant intervention on the part of the ... Read More ›

The Federal Reserve made waves by recently dropping the word “patient” from its outlook on interest rates. This simple, one-word change, indicates that the Federal Reserve could soon raise rates—which have been stuck at near-zero for over six years—as early as June. Once this happens, rates on everything else will increase with it. But here’s the ... Read More ›