Fed rate hike

President Donald Trump, on Tuesday last week once again expressed his displeasure with the Federal Reserve. In an interview last week, Trump said that the Fed is hiking interest rates too fast. At the same time, the President said that… Read More

Summary Federal Reserve hikes rates by 25bps to bring short-term interest rates to 2.0% - 2.25% as widely expected One more rate hike projected by the end of this year Three rate hikes penciled in for 2019 Fed removes… Read More

As expected, the Fed raised rates by 0.25% for the third time this year at its September meeting which concluded this week. The move, which has taken the Fed funds rate to 2% - 2.25%, was priced as a virtual certainty by the market and so… Read More

The Fed’s upcoming September meeting, due to conclude with a rate decision and press conference tomorrow, is widely expected to see the central bank raising rates for the third time this year by a further .25%. The move was well signaled in… Read More

The monthly payrolls report for August released by the U.S. Department of Labor last Friday showed that the pace of hiring picked up the pace in August. Furthermore, the average earnings also grew strongly over the month while the official… Read More

The U.S. economic growth was seen rising sharply during the second quarter of the year, which was more than previously estimated. The gains came despite a modest decline in a key measure of the corporate profits compared to the previous… Read More

Gold After suffering consecutive weeks of declines over the last month, the yellow metal was able to rebound higher this week as safe haven inflows saw steady demand. With the market bracing for the implementation of bilateral US/ Chinese… Read More