Fed kicks off easing cycle with a bang
The Fed’s updated projections include a further 50 bps rate cut by year end
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The Fed’s updated projections include a further 50 bps rate cut by year end
The Fed faces pressure to protect growth while rising inequality complicates the path forward
Economists and market traders expect a quarter-point rate cut in next week’s Fed policy meeting
“If the data suggests the need for larger cuts, then I will support that,” US governor Christopher Waller said
Bonds have fallen in eight of the last ten Septembers, and gold has dropped every September since 2017.
Payroll figures will feature heavily in the Fed’s decision this month on whether to start cutting interest rates — and…
UAE banks’ cost-to-income ratio improved to 38.2%
US inflation fell under the 3% mark in July for the first time since March 2021
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