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July 16, 2024
To sustain the expansion, while continuing to monitor Economic Data coming in for the future path where the rates should go. The fed still sees uncertainty in the outlook Going Forward and acknowledges that business, fixed Business Investment growth has been soft. Consumer spending they do say has picked up. Now the fed lowered payments on excess reserves to 2. 1 . The bottom line a quarter percentage point of a cut in the Federal Reserve federal funds rate and stopping the Balance Sheet roleoff...
June 17, 2024
Point lost ever. Futures on wall street rebounding after falling sharply overnight. We always have our chief financial correspondent here. Christine, how long could this last . It is continuing oversea ov. Lets see what is happening over jaes. It is relationship nliis it the globe. Dow futures turned lower again. They popped. They fell 700 points. It shows you how volatile it is. On monday, the dow lost 1,800 points. Monday was brutal. It shed 1,175 points. 4. 6 . That is a rebound from down her...