Cleveland Fed President Beth Hammack made one of clearest cases yet for renewed tightening, saying in a Yahoo Finance interview on Monday, that more than one rate hike may ultimately be needed to return inflation to target. Hammack, who dissented from July decision to hold rates at 3.50–3.75% in favor of a 25bp increase, argued […]
The post Fed’s Hammack Sees Multiple Hikes, Says Current Rates Aren’t Restrictive Enough appeared first on ActionForex.
Could Brent oil actually retest $100? A confirmed technical breakout and a Hormuz negotiation stuck on the same unresolved dispute suggest the risk is rising. The post Brent Breakout Raises $100 Risk as Hormuz Talks Read more…
AeroVironment (AVAV) just landed the kind of contract that changes how investors see a company. The drone maker won a U.S. Army order worth at least $400 million for its Locust laser system, and the Read more…
The long-term advances in the Dow Jones and Copper cannot be correctly labeled as regular Elliott Wave impulses. The reason is based on one of the most important rules within Elliott Wave Theory: Wave 4 Read more…