At the July 31 meeting
the Fed was widely expected to keep current interest rates unchanged, but investors are closely watching whether Fed Chair Jerome Powell will hint at a planned rate cut in September. This expectation is based on signs of slowing economic growth in United States and the steady performance of the core PCE (personal consumption expenditures) index. The market believes that there is a high probability that the Fed will start cutting interest rates in September and may cut rates again before the e...
At the July 31 meeting
the Fed was widely expected to keep current interest rates unchanged, but investors are closely watching whether Fed Chair Jerome Powell will hint at a planned rate cut in September. This expectation is based on signs of slowing economic growth in United States and the steady performance of the core PCE (personal consumption expenditures) index. The market believes that there is a high probability that the Fed will start cutting interest rates in September and may cut rates again before the e...
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Border collie knows how to do his job well.
