Allianz's El-Erian says the Fed is putting the U.S. economy at risk

<i>Breakfast with Benjamin</i> The critics of the Fed's monetary policy are getting louder. Meanwhile, the Fed continues to march to the beat of its own drummer.

JUN 15, 2016

By Jeff Benjamin

Jeff Benjamin

The critics of the Fed's monetary policy are getting louder. Meanwhile, the Fed continues to march to the beat of its own drummer. Mohamed El-Erian calls out the Fed's clueless strategy.
The housing-market bottom line: Rents are likely to keep climbing. Vacancy rates are falling while demand is rising.
Traders are brushing off Brexit no matter what happens. “In the long run, I don't think it makes that much difference.”
The plan to make 529 college saving plans even better. Enticing companies to do a match.

TD faces $3 billion fine, growth restriction to settle US probes

TD faces $3 billion fine, growth restriction to settle US probes

WSJ reports the Canadian bank will plead guilty on Thursday.

Northern Trust hires Gottesman, Urick to bolster wealth management sales

Northern Trust hires Gottesman, Urick to bolster wealth management sales

New strategic hires announced for wealth management team.

SEC charges firms, individuals with alleged market making crypto fraud

SEC charges firms, individuals with alleged market making crypto fraud

Retail investors were targeted by unregistered securities offer, SEC alleges.

Cautious investors hold back on equities ahead of US data

Cautious investors hold back on equities ahead of US data

Inflation report due Thursday will provide signal for Fed cuts.

Why another jumbo Fed cut is unlikely, minutes suggest

Why another jumbo Fed cut is unlikely, minutes suggest

Many of the FOMC members wanted a smoother path to cuts.

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