Investors Expect Fed Rate Cuts
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Shana Orczyk Sissel, founder and CEO of Banríon Capital Management, says she believes the U.S. Federal Reserve will continue to "stand pat" on interest rates, noting the economy "seems to be doing quite well." EXCLUSIVE: Guardiola dreams of World Cup glory but has no plans to leave City
President Trump said his pick for the next Federal Reserve chair was coming soon as he stepped up his attacks on Jerome H. Powell.
Gold rose after another soft inflation report bolstered bets that the Federal Reserve may need to cut interest rates later this year.
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U.S. Treasury yields are set to decline further according to bond strategists who are clinging to expectations the Federal Reserve resumes cutting interest rates after pausing for more than half a year even as dealers are set to underwrite a deluge of new supply.
So far this year, the Federal Reserve has kept interest rates steady. But when will that change, and how could it impact what you earn on your savings?