The Fed is likely to cut base rates this month – but its decision will come the day after an explosive US election
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The US Federal Reserve will conclude its two-day policy meeting and announce the interest rate decision on Wednesday. For the first time in a very long time, markets are unsure about what the Fed will do and they will finally see whether policymakers will opt for a 25 or a 50 basis points (bps) rate cut. The US central bank will also release the revised Summary of Economic Projections (SEP), also known as the dot-plot, and Chairman Jerome Powell will respond to questions during a press conference. Following a bearish start to the week, the DXY Dollar Index recovered and
The Fed is likely to cut base rates this month – but its decision will come the day after an explosive US election
The Fed will have to navigate a changing economic landscape with the election of Donald Trump as the next US president.
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US bond yields have been on a tear since the Fed cut its policy rate last month, a counter-intuitive move that’s being attributed to a stronger than...
US bond yields have been on a tear since the Fed cut its policy rate last month, a counter-intuitive move that’s being attributed to a stronger than...
EURUSD rebounds to near 1.0770 in European trading on Thursday, with the major currency pair bouncing back after posting a more than four-month low...
The Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a US presidential...
The GBPUSD pair extends the decline to around 1.2945 in early European trading on Monday. A bullish US Dollar on the back of bets for a less...
President-elect Donald Trump's imminent ascent to the White House is already making it more difficult for Americans to buy homes, an economic analyst...