Kashkari

Following James Bullard‘s resignation in August, the former President of the St. Louis Federal Reserve, Neel Kashkari, has assumed the position of spearheading the more hawkish members on the Federal Reserve’s board. Kashkari‘s recent statements clearly have revealed his robust...

Recent statements from Fed members have been more hawkish than expected, dampening the market's enthusiasm for a rate-cutting cycle to begin later this year. On Tuesday, Federal Reserve Bank of Cleveland President Loretta J. Mester said that a rate hold in June should not be taken for...

The Past Week, In A Nutshell What Happened: Last week ended negative on weakness concentrated in heavily-weighted index constituents. Remember This: “The Fed essentially acknowledged they were a bit behind the curve with their forecast on the economy, as projections needed tweaking to reflect...