News list for " hopes"
According to IFR, a media outlet owned by Reuters, in addition to the 25 basis points cut in interest rates, the first headlines that market participants see in this Federal Reserve decision may be three or more officials who oppose it. There is no doubt that Waller, Bowman and Milan will be in the third position, they want to cut interest rates more sharply, and the other opponents may be Goolsby, Schmid or Musalem, who want to keep interest rates unchanged. However, what traders really focus o...
On June 4th, according to people familiar with the matter, Saudi Arabia hopes that OPEC + will continue to accelerate its oil production increase in the coming months, as the kingdom places more emphasis on regaining lost market share. Saudi Arabia, which has an increasingly dominant position in OPEC +, wants the organization to increase production by at least 411,000 barrels per day in August and possibly September, according to people familiar with the matter. Saudi Arabia is eager to lift the...
On Monday, Ms Bauman said she wanted to see more progress on inflation reflected in the data before further rate cuts. While she expected inflation to continue to decelerate this year, she said disinflation was "likely to take longer than we expect". Click to view...
According to Fox News, former US President Donald Trump said that the position Musk wants to be responsible for cutting costs will create a new position called "Secretary of Cost Reduction".
Scott Helfstein, head of investment strategy at Global X, said the Fed wants to start a rate-cutting cycle without triggering an asset bubble, but a 50 basis point cut could be too aggressive. We have already seen the Fed cut rates by 50 basis points ahead of time, which could be seen as the Fed's concern about a weaker economy. However, strong fundamentals in the coming weeks could calm markets and may keep money out of the market.
