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Fed Chair Powell Delivers His SMP Report to Congress – BBH
Federal Reserve (Fed) Chair Jerome Powell to deliver his Semiannual Monetary Policy Report to Congress on Tuesday, BBH analysts note.
US: Jobs Gain Beat Forecast but Unemployment Rate Rose – UOB Group
The US employment report was again mixed. Continued rise in unemployment rate, benign wage growth and decline in ISM services/factory orders lifted Federal Reserve (Fed) rate cut expectations, UOB Group Senior Economist Alvin Liew notes.
Powell's Testimony Today: Key Dates Ahead of Next Fed Meeting -- WSJ
Federal Reserve Chair Jerome Powell's testimony before a Senate committee this morning could give traders more insight on how interest rates might move this year.
Fed Chair Powell Heads to Capitol Hill: What to Expect
Citi Senior Global Economist Robert Sockin previews Federal Reserve Chair Jerome Powell's testimony before the US House and Senate this week. Speaking on "Bloomberg The Close," Sockin says he expects the Fed to cut rates in September.
All Eyes on Powell's Semiannual Testimony [Video]
Most European indices including the British big caps closed Monday’s session in the negative.
The U.S. stock market once again hit a new high! Goldman Sachs joined the bearish camp: the "August Curse" is coming.
Goldman Sachs' global market department director and strategy expert Scott Rubner released a report on Monday, stating that as a large outflow of funds from the stock market, the US stock market will experience two painful weeks in a row since early August. Rubner said: 'Painful trading has turned from upward to downward. The best trading days of the year have passed, buyers have already bought to the full, and ammunition is running out.'