Wall Street strategists are skeptical the Fed will cut interest rates this summer
Wall Street strategists are skeptical the Federal Reserve will cut interest rates this summer.
Stocks and bond prices have jumped in recent weeks as investors have bet on the central bank lowering the federal-funds rate for the first time since the financial crisis. Federal-funds futures showed Monday an 85% chance of a July rate cut—up from 25% a month ago and around the highest odds yet this year, according to CME Group.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman skeptical of 'insurance' U.S. rate cuts from FedGoldman Sachs economists said on Sunday they are skeptical of 'insurance&qu...
Read more »
Asia markets edge up; Fed meeting set to kick offMarkets in Asia edged up in Tuesday morning trade as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.
Read more »
Two ‘insurance’ rate cuts from Fed in ’90s produced no big shocks to corporate bonds, Goldman Sachs saysInvestors are counting on the Federal Reserve to cut benchmark rates to keep the U.S. economy humming. But if the past holds true, corporate bonds are likely to see only a modest reaction if rates are lowered pre-emptively, Goldman Sachs said in a new report.
Read more »
If a recession hits, even Fed rate cuts won't be enough to stop it, Ned Davis warnsWith uncertainty keeping a lid on U.S. stocks, Ed Clissold of Ned Davis Research says the rest of 2019 is likely to be a 'choppy,' but somewhat opportunistic, ride for investors.
Read more »
The Fed Just Released a Damning Indictment of CapitalismThe true “extremists” in American politics are those who insist that our economic system is working just fine.
Read more »
BOJ to stand pat even as trade war, dovish Fed cloud outlookThe Bank of Japan is expected to maintain its massive stimulus program on Thursd...
Read more »