Tag: US economy outlook
Fed Chair Powell Faces Pressure to Address Trump’s Impact on Economy
Federal Reserve Chairman Jerome Powell faced a barrage of questions from reporters during a news conference, as they sought his opinion on President-elect Donald...
Fed Likely to Cut Rates in December, Skip January: Traders’ Prediction
Federal Reserve Chair Jerome Powell recently announced a quarter percentage point rate cut in November, sparking expectations for another cut in December. However, market...
Treasury to Borrow $740 Billion in Q3: What it Means for Forex Trading
The US Treasury recently announced plans to borrow $740 billion in the third quarter of the year. This amount is actually lower than the...