News list for " donnelly"

Brent Donnelly, president of foreign exchange trading firm Spectra Markets, said October's higher-than-expected inflation will force traders to reassess whether the Federal Reserve will cut interest rates again next month. Otherwise, Wednesday's data will be lackluster, "but the only outcome that will really boost the macro economy will be a big surprise upside," Donnelly wrote. "This will put a December Fed rate cut in jeopardy and place the starting point for Trump's inflation risk higher." Ec...

2024-11-12 15:55:36