Last week, stock markets staged their best rally of the year ahead of the Federal Open Market Committee (“FOMC”) meeting this week. The S&P 500 (SP500) enjoyed a V-shaped rebound by gaining 4.01%.
Businesses and investors around the world are focused for months on the two-day Federal Open Market Committee (FOMC) meet beginning September 17, hoping that the US Federal Reserve will start ...
Commodity markets wrapped up a turbulent week (ended September 13) with a surge of optimism, driven by growing expectations of a jumbo rate cut in the upcoming FOMC (Federal Open Market Committee ...
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The main mover of the dollar, and Gold/ Silver late last week was the thought, finally I might add, that the FOMC meets this week, and they will be debasing the dollar... And most likely will ...
Mortgage rates have resumed their downward trek, with the conforming 30-year fixed rate mortgage falling 15 basis points from the previous week, Freddie Mac reported. Over the past four periods, the ...
EUR/USD gathers strength above 1.1100, Eurozone inflation data and Fed rate decision in focus The EUR/USD pair trades on a stronger note around 1.1125 during the early Wednesday. The rising ...
The stock market is on the verge of a multi-week rally after a major Fed decision on interest rates is handed down on Wednesday, according to Fundstrat's head of research, Tom Lee. The prominent ...
However, they have strongly signaled that they are leaning toward cutting rates at the September 17-18 FOMC meeting. Absent a seismic event for the economy, there should be the first change in in the ...
Minutes from the July FOMC meeting revealed little new information and were a bit stale given the developments that happened since. However, the data was “a bit less hawkish-stale than we feared ...
Recall that the FOMC kept its policy rate at 5.25%-5.50% for the eighth straight meeting. "All participants supported maintaining the target range for the federal funds rate at 5¼ to 5½ percent ...
The FOMC Meeting minutes are expected to be dovish, indicating the possibility of rate cuts this year. (FE Online) The minutes of the Federal Open Market Committee (FOMC) meeting held on July 30 ...