"The market is drifting. Investors are desperately seeking some leadership as both Energy and Materials have stumbled recently. On Wednesday, investors will start assessing Ben Bernanke's leadership of the Fed. From what I've read of his speeches, I am impressed with the breadth of his knowledge, his intellectual powers, and his open-minded pragmatism. In many ways, he reminds me of the former Fed chairman. I think investors will also become increasingly impressed as they see him in action. The markets may be anticipating that Bernanke will continue Greenspan's measured raising of the federal funds rate on a de facto basis. That's my view: I expect a 25 basis-points hike in the federal funds rate following each of the next two FOMC meetings, on March 28 and May 10."
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Who Counts as Family on a Mobile Phone Plan?Family phone plans aren’t just for parents and kids anymore. Here’s who can share a plan, how much you can save and what to watch out for before you bundle.
-
Why Your Home Insurance Might Not Protect You If Someone Else Lives ThereLetting a relative stay in a second home or inherited property can quietly change your insurance coverage and leave you exposed to costly liability claims.
-
My First $1 Million: Retired Aerospace Manager, 58, Denver"Making $1 million was never a goal, but maybe it should have been. I simply wanted to be debt-free and never worry about money."
-
Trump Reshapes Foreign PolicyThe Kiplinger Letter The President starts the new year by putting allies and adversaries on notice.
-
Congress Set for Busy WinterThe Kiplinger Letter The Letter editors review the bills Congress will decide on this year. The government funding bill is paramount, but other issues vie for lawmakers’ attention.
-
The Kiplinger Letter's 10 Forecasts for 2026The Kiplinger Letter Here are some of the biggest events and trends in economics, politics and tech that will shape the new year.
-
What to Expect from the Global Economy in 2026The Kiplinger Letter Economic growth across the globe will be highly uneven, with some major economies accelerating while others hit the brakes.
-
Amid Mounting Uncertainty: Five Forecasts About AIThe Kiplinger Letter With the risk of overspending on AI data centers hotly debated, here are some forecasts about AI that we can make with some confidence.
-
Worried About an AI Bubble? Here’s What You Need to KnowThe Kiplinger Letter Though AI is a transformative technology, it’s worth paying attention to the rising economic and financial risks. Here’s some guidance to navigate AI’s future.
-
Will AI Videos Disrupt Social Media?The Kiplinger Letter With the introduction of OpenAI’s new AI social media app, Sora, the internet is about to be flooded with startling AI-generated videos.
-
What Services Are Open During the Government Shutdown?The Kiplinger Letter As the shutdown drags on, many basic federal services will increasingly be affected.