Policymakers are expected to lower rates for the first time in four years on Wednesday while releasing fresh economic forecasts.
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With the Federal Reserve expected to cut interest rates for the first time in four years, the AI sector – which is experiencing a dip – is primed for a significant rally, according to the CEO of a leading financial advisory and fintech. The bullish prediction from Nigel Green of deVere Group comes as the US central bank’s Federal Open Market Committee is set to announce a rate cut, although analysts are split on whether it be the traditional 25-basis-point rate reduction, or whether the Fed will go for a supersized 50 bps cut? “The artificial intelligence AI sector is expected to
Policymakers are expected to lower rates for the first time in four years on Wednesday while releasing fresh economic forecasts.
Will the Fed opt for a higher-than-expected rate cut?
Will the Fed opt for a higher-than-expected rate cut?
Fed Rate Cut News: All eyes are on the Federal Reserve as it prepares to cut interest rates, potentially lowering them from the current target range...
The EURUSD pair is trading flat in the early European session on Thursday after the first cut in U.S. interest rates in four years. The major pair...
The U.S. added a disappointing 142,000 jobs to the labour market in August, less than the expected 160,000 nonfarm payrolls, prompting the CEO of a...
The US Federal Reserve hasn’t cut interest rates for four years – now speculation of a “jumbo” cut is growing The post US Fed prepares to cut...
Chances for 50 bps interest rate cut skyrocket, according to the recently shared update
Chances for 50 bps interest rate cut skyrocket, according to the recently shared update
While JOLTS numbers don't beg for a 50 bps rate cut in two weeks, depleted jobs numbers to close the week just might.