Today’s Fed meeting was always going to be more about what Jerome Powell and Company were saying rather than about what they were doing… FOMC monetary policy decision and statement …After all, the market had fully priced in a 25bps interest rate hike to the 4.50-4.75% range, and that’s exactly what Jerome Powell and company […]
The post FOMC Meeting Recap: Powell Not Hawkish Enough, Traders Price in 50bps of Cuts by EOY appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Your living room sofa should be inviting and comfortable, encouraging friends Read more…
Usually, when you see Carnival cruise director Kyndall “Fire” Magyar, she’s in front of passengers, leading them in fun events. For Christmas, however, the Carnival Jubilee “Fun Ship” leader mixed her time between passengers and Read more…
Another quiet holiday week looms for financial markets. Manufacturing PMIs, including the US ISM, are the only highlight. But rising US yields and sliding yen may spark New Year’s fireworks. Manufacturing PMIs in the spotlight Read more…