Fed cuts by 50bps, sees another 50bps by December Investors turn more dovish, which implies upside risks Focus turns to PCE inflation due out on Friday at 12:30 GMT Some investors expect a back-to-back 50bps cut The Fed decided to begin this easing cycle with a double 50bps rate cut at last week’s decision, with […]
The post Will Core PCE Inflation Corroborate Bets for Another Double Fed Cut? appeared first on Action Forex.
Target has quietly made a significant update on its website amid a concerning trend that is draining the pockets of many retailers across the country. After a recent report from the National Retail Federation revealed Read more…
ECB Governing Council member Madis Muller struck a cautious tone in comments to Bloomberg, noting that it is “too early to express a clear position” regarding the upcoming October rate decision. While a rate cut Read more…
The People’s Bank of China (PBoC) has unveiled a stimulus package aimed at boosting economic growth. Key measures include a cut in the 7-day repo rate, a reduction in the required reserve ratio (RRR), and Read more…