More Powell; France's tech tax; Market records

London 1. More Powell: Federal Reserve chair Jerome Powell has hinted at an interest rate cut later this month, sending stocks to record highs.

Powell appeared to make the case for a cut in remarks to Congress on Wednesday. In his semi-annual testimony, he cited anxiety around unresolved trade tensions and worries over the weakness of the global outlook, while noting that inflation continues to run below the Fed's target. A strong jobs report for June hasn't changed the outlook, he added."Since the June [Fed] meeting and for a period before that, the data have continued to disappoint," he said.

Thursday — US inflation rate; China balance of trade; Delta earnings; Powell testifies in the Senate

Poof.! And just like that women soccer is gone.. hahaha

The economy is NOT ok....

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Trump and the stock market are spooking Powell into making this rookie mistakePowell, who has been bullied by President Trump, is making a rookie mistake, RexNutting says. And don't think for a second his tormentors will be satisfied with just one quarter-point cut. RexNutting the U.S. economy needs half of point, at least, it would be sweeet.🍰 RexNutting Sounds like another paulkrugman prediction 😆 💰 RexNutting Don’t listen to the man he is a dumbo💩👺👹🤡
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »