U.S. Highlights The Federal Reserve started its easing cycle with a bang, reducing the policy rate by 50 basis points (bps), bringing the target range to 4.75%-5.0%. Futures markets are pricing an additional 75 bps of cuts by year-end, slightly more than the updated median FOMC forecast, which shows another 50 bps of cuts. Economic […]
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The Fed announced its first rate cut with a relatively balanced rhetoric History points to a high probability of back-to-back moves Dollar/yen and Treasury yields tend to drop until the second rate cut Barring a Read more…
Summary United States: Recalibrating the Monetary Policy Stance The commencement of monetary policy easing comes at a time when overall economic growth remains solid, supported by stronger-than-expected retail sales, industrial production and residential construction in Read more…
Many retirees regret that they didn’t start saving earlier. Ric Edelman, retirement expert and founder, The Digital Assets Council of Financial Professionals joined TheStreet to share advice for those looking to catch up. Related: What interest Read more…