Fed Raises Rates as Warsh Bucks Trump to Contain Inflation

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh’s relationship with President Donald Trump. “Today’s policy action will...

S&P 500 Seen Dropping 10% on Fed Hikes, MRA Strategist Says

Potential Federal Reserve rate hikes starting this week could spur a correction in the S&P 500 as reduced corporate margins hurt profit outlooks and markets brace for a tightening cycle, according to Macro Risk Advisors LLC. The S&P 500 has dropped nearly 1%...

BofA, Tallbacken Lift S&P 500 Views, Differ on Rate Risks

Market watchers might not agree with how interest rates will impact the S&P 500 Index, but they’re still more optimistic about where stocks are headed than they were before. Bank of America Corp.’s Savita Subramanian, among the top equity bears, raised...