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‘Santa Claus’ stocks rally? Investors look to Omicron for direction

‘Santa Claus’ stocks rally? Investors look to Omicron for direction

© Reuters. FILE PHOTO: A street sign, Wall Street, is seen outside New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. REUTERS/Shannon Stapleton/File Photo By David Randall NEW YORK (Reuters) -Investors are closely watching the latest news on the rapidly spreading Omicron variant https://www.reuters.com/business/healthcare-pharmaceuticals/how-worried-should-we-be-about-omicron-variant-2021-12-14 for signs of how much…

Waller: Rate hikes likely warranted at March meeting, balance sheet drawdown should follow on fast

Waller: Rate hikes likely warranted at March meeting, balance sheet drawdown should follow on fast

© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo By Howard Schneider WASHINGTON (Reuters) -An interest rate increase will likely be warranted “shortly after” the Federal Reserve ends its bond purchases in March, and the central bank should also begin reducing its bondholdings as…