US Federal Reserve meeting

FOMC minutes highlights a strong inclination towards a Rate Cut in September

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FOMC minutes highlights a strong inclination towards a Rate Cut in September

The minutes from the Federal Open Market Committee (FOMC) meeting held on July 30-31, 2024 released highlights a “Strong Inclination Towards a Rate Cut in September”. The “vast majority” of Fed officials expressed support for potentially lowering interest rates at their next meeting in September, if inflation continues to cool down as expected. Several participants Read more: FOMC minutes highlights a strong inclination towards a Rate Cut in September..

US Fed rate cut expectations; what strategies should be considered by Investors?

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US Fed rate cut expectations; what strategies should be considered by Investors?

US Fed rate cut expectations: As par the current scenario, market expectations and many analysts suggest a strong possibility of a US first-rate cut in the September Federal Reserve meeting, it’s crucial to remember that this is still a prediction and not a guaranteed outcome. The Federal Reserve’s decisions are data-dependent, and various economic factors Read more: US Fed rate cut expectations; what strategies should be considered by Investors?..

Elon Musk says Fed’s decision is been ‘foolish’ for not cutting interest rates

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Elon Musk says Fed's decision is been 'foolish' for not cutting interest rates

Elon Musk, the CEO of Tesla and SpaceX, has criticized the Federal Reserve for not cutting interest rates sooner. He believes that the Fed’s decision to keep rates high despite recent weak economic data is “foolish” and could potentially harm the economy.   Musk’s comments came in response to a post on X (formerly Twitter) highlighting Read more: Elon Musk says Fed’s decision is been ‘foolish’ for not cutting interest rates..