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Saturday, December 1, 2018

Fed's grades slip in Wall Street's latest report card

Wall Street last month gave the Federal Reserve its worst grade since Jerome Powell took the helm of the U.S. central bank earlier this year, docking points for a communications misstep early in October that sent U.S. stocks tumbling.


from Reuters: Business News https://ift.tt/2BJVWOG

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf