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Inflation will slow significantly this year, allowing the Federal Reserve to keep cutting interest rates, according to former St. Louis Fed President Brad. Brad said it looks like the Fed is on track to cut rates two more times this year, by 25 basis points each. Fed officials were expecting two rate cuts in December. "I don't really see anything stopping them from doing that," he said. However, Brad said another rate cut in March appears premature. He said: "From what's going on...
Former St. Louis Federal Reserve President Brad said that the Federal Reserve should cut interest rates by 25 basis points today (note: early tomorrow morning Beijing time), and the dollar index DXY rose 10 points in the short term, now at 100.88. (Golden Ten)
Lewis Grant, senior manager of the global equity portfolio at Federated Hermes, said the financial marekt was likely to continue to be volatile as the US election approached because of uncertainty over the outcome. The first presidential debate between Democratic nominee Harris and Republican nominee Trump offered little substantive policy clarity, he said. "Uncertainty around which candidates' economic agendas will take effect - and even what those agendas actually are - will weigh on market se...
Former St. Louis Federal Reserve President Brad talked about the US economic outlook, the Federal Reserve's interest rate cut path, the US election, "Black Monday" and other hot topics, and said that he believes that it may be a 25 basis point interest rate cut for each meeting, that is, there will be a 75 basis point interest rate cut between now and December.
87 year old British billionaire Joe Lewis, who admitted to being guilty of insider trading, has been released from prison by a federal judge in New York. US District Judge Jessica Clarke sentenced Lewis to three years of probation and a fine of $5 million during Thursday's hearing. A lawyer for Lewis stated that any imprisonment would be "catastrophic". Lewis was accused of insider trading in the United States in July last year.
承认犯有内幕交易罪的87岁英国亿万富翁Joe Lewis被纽约联邦法官免除了牢狱之灾。美国地区法官Jessica Clarke在周四的听证上判处Lewis三年缓刑和500万美元罚款。Lewis的一名律师表示，任何监禁都将是“灾难性的”。Lewis在去年7月在美国被指控进行内幕交易。 金色财经此前报道，与SBF有关联的亿万富翁Joe Lewis承认内幕交易罪。
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