Business leaders 'worry the Fed is behind the eight ball'

WTI slid more than 3% to hover near US$66 per barrel, while Brent also fell to below US$70 a barrelDespite recent announcements from the Fed that rate cuts might come in September, business leaders are concerned that the economy might weaken, explained Evercore chairman emeritus Ralph Schlosstein on Opening Bid. He joined for a conversation with Yahoo Finance's, who guest hosted for Brian Sozzi.

So I think you've got uh a period of time when e even just leaving aside the presidential election, which obviously injects a another layer of uncertainty. Meghan Markle and Prince Harry coordinate in cream for intimate gathering with Oprah Winfrey and Ellen DeGeneres NFL Star Tyreek Hill Detained by Police, Handcuffed in Road Near Team's Stadium Hours Before Season Opener

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Stock market today: S&P 500, Nasdaq resume climb as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »