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Fed to Cut Rates Again, But What Comes After That?: Economy Week
Federal Reserve Chairman Jerome Powell is expected to deliver the third straight U.S. interest rate cut this week -- but the real news will be if he signals the end of the easing cycle or leaves the door open for more. Recent U.S. economic data has been mixed, with weakness among manufacturers contrasting with resilient consumers who contribute the lion’s share to national output. Who’s Who on the Fed’s Dot Plot? There are also central bank decisions in Japan, Canada, Brazil and Colombia, and the first estimate of third-quarter GDP in the euro area. Data watchers: don’t forget the clocks go back in Europe ... (full story)
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- saeed404
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Beware of robber banks (RB), bad advisors.
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Be yourself