leave interest rates unchanged in june. leave interest rates unchanged injune. charles lieberman, who has worked at the new york fed and is now chief investment officer and advises capitol management explained the rationale. rationale. the fed has tightened rationale. the fed has tightened monetary i rationale. the fed has - tightened monetary policy quite dramatically quite quickly, basically a phase with five percentage point increase in a little more than a year. and thatis little more than a year. and that is huge. historically it is an enormous increase. and i think there is a loss of there is one view that the feds should wait to see the impact of what they ve done. any should wait to see the impact of what they ve done. any break ma be of what they ve done. any break may be short of what they ve done. any break may be short lived. of what they ve done. any break may be short lived. us - may be short lived. us inflation are still running well above the feds
"The US economy is far from slowing down as Housing stats rose 3.9%, industrial production grew by 1% and Manufacturing production advanced by 0.5% during the month of July. The dollar index rallied to two month high of 103.59 on Thursday as it becomes evident from the recent data that the Fed will continue to go with higher for longer interest rates which will further fuel a rally in the dollar index to test resistance of 104 in coming sessions," Mohammed Imran, Research Analyst at Sharekhan said.
The S&P 500 and Nasdaq were set to
open higher on Thursday after upbeat results from Cisco, while
investors assessed minutes of the U.S. Federal Reserve s last
policy meeting which showed most.
Officials Divided over Federal Reserve Rate Hike, per MoM industryleadersmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from industryleadersmagazine.com Daily Mail and Mail on Sunday newspapers.
Major cryptocurrencies faced selling pressure on Thursday following the release of the Federal Reserve’s latest meeting minutes. Investor concerns about the…