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Category Federal Open Market Committee

Rate Cuts Incoming and US Dollar Decline Not Over Yet, According to Wells Fargo Analysts – Here’s Their Outlook

Rate Cuts Incoming and US Dollar Decline Not Over Yet, According to Wells Fargo Analysts – Here’s Their Outlook

Economists at the banking giant Wells Fargo think the US dollar is primed to trend weaker for the rest of the year, but they don’t have the same ou...
Goldman Sachs Abruptly Raises Targets for S&P 500, Predicts Fed Cutting Rates Earlier Than Expected: Report

Goldman Sachs Abruptly Raises Targets for S&P 500, Predicts Fed Cutting Rates Earlier Than Expected: Report

Analysts at the financial giant Goldman Sachs upgraded their S&P 500 projections amid new predictions for rate cuts from the U.S. Federal Reserve. ...
Equities Dip as President Donald Trump Rips Into Fed Chair Jerome Powell for Not Lowering Rates

Equities Dip as President Donald Trump Rips Into Fed Chair Jerome Powell for Not Lowering Rates

The stock market tumbled this week as US President Donald Trump continued his attacks on Federal Reserve Chair Jerome Powell. The Federal Open Mark...
Trump Calls Fed Chair Jerome Powell a ‘Numbskull,’ Claims Lack of Rate Cuts Are Costing US $600,000,000,000 a Year

Trump Calls Fed Chair Jerome Powell a ‘Numbskull,’ Claims Lack of Rate Cuts Are Costing US $600,000,000,000 a Year

US President Donald Trump has more insults for Federal Reserve Chair Jerome Powell. At a bill signing ceremony on Thursday, Trump claimed the gover...
US Fed Chair Jerome Powell Warns About Future Inflation, Says the Economy Could Be Entering a Period of More Frequent Supply Shocks

US Fed Chair Jerome Powell Warns About Future Inflation, Says the Economy Could Be Entering a Period of More Frequent Supply Shocks

U.S. Federal Reserve Chair Jerome Powell has issued a warning about the future of the American economy. While delivering opening remarks at the Sec...