Goldman Sachs expected that the U.S. Federal Reserve would start cutting the funds rate...
US Consumer Prices Show Slower Growth in July as Fed Keeps Watching Closely
U.S. consumer prices increased moderately in July and also slightly lower than the market’s...
China Criticizes Biden’s New Executive Order Limiting Investment of American Firms in China
The tension between China and the U.S. flared up again as Beijing slammed President...
JPMorgan’s CEO Jamie Dimon Calls Fitch’s Downgrading US Credit Ratings ‘Ridiculous’
JPMorgan Chase CEO Jamie Dimon in an interview with CNBC called the Fitch Ratings...
Fitch Ratings Downgrades U.S. Credit Rating to AA+ from AAA
Fitch Ratings downgraded the United States’ long-term foreign currency credit rating to AA+ from...
Another Rate Hike in September Not Off the Table as Fed Raises Benchmark by 25bps
The U.S. Federal Reserve on Wednesday decided to raise its interest rate by another...