
The Federal Reserve's overly cautious approach to the economic outlook could jeopardise the year-end rally in equities, Bank of America strategists have warned. As the S & P 500 nears its all-time high, investors are hoping for the best-case scenario, in which the Fed cuts interest rates as inflation falls while the economy remains resilient. But Michael Harnett, BofA strategist, said that optimism would be tested if the Fed sent a dovish signal at next week's meeting, as it could suggest...
Bank of America strategists have warned that if the Federal Reserve is overly cautious about the economic outlook, it could jeopardise the year-end rally in stocks. The S & P 500 is near its all-time high, and investors expect the Fed to cut interest rates and bring inflation down, but BofA strategist Michael Harnett pointed out that this optimism will be tested if the Federal Reserve sends a dovish signal at next week's meeting, which could suggest that the economy is slowing more than expected...
The US Federal Reserve should refrain from cutting interest rates at its September policy meeting as recent economic data do not support a premature easing cycle, Bank of America said in its latest research note. The bank stressed that policymakers in favour of rate cuts had underestimated the impact of labour supply shocks and the stubbornness of inflation, which remains above the Fed's 2 per cent target. The report warned that the latest tariff hike could have "...

The global economy is facing a major turning point as the Federal Reserve may hold on to high interest rates this year, but the European Central Bank is going to cut interest rates. Click to view...
Trump's high-profile prediction of "the stock market will rise sharply", Bank of America warns: Short-treaders are chasing high! Strategists urgently raised their targets. Click to view...
Dimon warns that the global economy is facing "severe turbulence", legendary investor Einhorn who shorted Lehman has criticized tariffs, and the Federal Reserve will cut interest rates much more than expected? Click to view...
The dollar is at risk of a crisis of confidence if US President Donald Trump's trade war causes investors to dump US assets accumulated over the past decade, according to Deutsche Bank. "We are in the midst of a dramatic market shift," George Saravelos, global head of foreign exchange strategy at the bank, wrote in a note to clients. "Given the magnitude of these moves, we are increasingly concerned about the risk of a broader crisis of confidence in the dollar."
The order flow of the rapeseed meal staking artifact shows that the 13:55 rapeseed meal main contract fluctuates below the short accumulation zone, and is now reported at 2601 yuan/ton, down 1.07%. Click to get a real-time accumulation zone warning.