News list for "Lhmeyer"

Analysts at LHMeyer wrote that Fed Chairperson Jerome Powell's speech provided little new information, but offered a clue as to how the Fed might consider a December resolution. Powell emphasized that the Fed will not react to the Trump administration's expected policies, which are seen as potentially inflationary, and will instead focus on current data. This suggests the Fed retains the freedom to continue cutting rates. Analysts believe the Fed is most likely to cut rates by another 25 basis p...

2024-11-08 22:40:51