News list for "Despite the political turmoil in the United States"

Despite the heightened political turmoil in the United States, investors are still insisting that U.S. interest rates will fall this year. The odds of the Federal Reserve staying put next week and cutting rates on Sept. 18 are both above 90 percent, according to CME Group, and the odds of a total of three rate cuts this year are close to 50 percent. That's little changed from before Biden dropped out of the race. Wells Fargo economists said in a note that they expect the Fed to keep policy on ho...

2024-07-22 15:47:37