Fed Vice Chair Philip Jefferson said in speech today that despite the lack of official data amid the ongoing U.S. government shutdown, private-sector indicators show the overall economy “has not changed much” in recent months. Growth continues at a moderate pace, while the labor market appears to be gradually cooling. On inflation, Jefferson acknowledged that […]
The post Fed’s Jefferson: Economy holding up, to proceed cautiously near neutral appeared first on Action Forex.
You walk into your bank, ask about CD rates, and the teller slides a sheet across the counter with two or three options. You pick one, sign the paperwork, and that’s it. Your money is Read more…
Gold investors are heading into one of the most important weeks of the year. The Federal Reserve meets March 17 and 18. What Chair Jerome Powell says next Wednesday could move bullion sharply in either Read more…
Cathie Wood, chief of Ark Investment Management, doesn’t give up on her favorite stocks easily. That’s what she just did, buying one of her top holdings that’s down 15% year-to-date. Wood gained a reputation after Read more…