Turmoil struck the markets in December as the Fed raised interest rates again. Stocks sank sharply amid worries about the economy, China tariffs, and more potential rate hikes next year.
What is the Dow Jones Industrial Average (DJIA)? It’s a price-weighted index of 30 large stocks, and it’s considered one of the major U.S. equity benchmarks.
The annual Jackson Hole Economic Symposium, hosted by the Kansas City Fed, pulled together central bankers and economic policymakers from across the world. Here’s what transpired at the 2018 gathering.
Learn about the Federal Reserve, the central bank of the U.S.—its makeup, policies, dual mandate of full employment and monetary stability, and the importance of Fed meetings.
In August, the Fed left rates unchanged and earnings season overall didn’t disappoint. What might be in store for September?
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