Trump has been leaning on Fed Chair Powell to make the cut... While American and foreign economises are slowing.... Trump wants lower interest rates to keep the economy going.... Fed Chairman Jerome Powell, in prepared remarks for Congress, reaffirmed that the Federal … [Read more...] about Stock Market rallies on possible interest rate cut….
Federal Reserve
U.S. trade deficit headed for 10-year high after climbing 7% in June…
Donald Trump's trade war isn't helping things... U.S. exports fell 0.6% to $213.8 billion just a month after hitting a record high. The biggest drop was in new cars and trucks. Exports of drugs, jewelry and passenger planes also declined. Soybean exports surged again … [Read more...] about U.S. trade deficit headed for 10-year high after climbing 7% in June…
With the Fed move today…Interest rates are going up….
The Federal Reseve thinks the economy is doing good.... They worry about inflation...So they try to keep a handle on the economy.... Higher interest rates to the big guys mean higher interst rates for us consumers.... The Federal Reserve raised interest rates on Wednesday … [Read more...] about With the Fed move today…Interest rates are going up….