The Wall Street economist who nailed the Fed’s ‘joyous’ rate cut sees the same thing again
"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically a joyous cut as ebbing inflation allows the Fed to act to preserve a strong labor market.
Wall Street's main stock indexes were broadly flat in early trade on Wednesday and the dollar weakened as traders weighed up ...
Traders in Asia will also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from ...
The Federal Reserve has issued its first interest rate cut in four years, kicking off an easing cycle that is already making ...
Wall Street's main indexes jumped at the open on Thursday, with the S&P 500 notching an intraday record high after the ...
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