Markets An interview with US Treasury Secretary Bessent got full coverage thanks to an otherwise empty economic agenda. He suggested that the Fed should cut rates by 50 bps in September given lack of evidence of significant tariff-related inflation and following significant downward revisions to June and May payrolls data. Bessent thinks that the Fed […]
The post Once Fed Engages to Additional Rate Cuts, They Should/Could Opt for a Bigger Start appeared first on Action Forex.
Fidelity’s latest research findings come at a moment when oil trades near $100 a barrel, the University of Michigan’s consumer sentiment gauge has fallen to a record low, and the S&P 500 has rallied sharply. Read more…
Markets The by-nature fragile ceasefire between the US and Iran was weakened severely by yesterday’s skirmishes in the Persian Gulf but survives so far. US Defense Secretary Hegseth detailed Operation Freedom in a press conference Read more…
Just because a market needs a store does not mean that retailers can make money operating in that area. In some cases, there’s simply not a large enough population to justify opening or operating a Read more…