Federal Reserve Rate Decision Looms as Bitcoin (BTC) Tumbles on Senate Clarity Act Rejection
Key Takeaways
- Stock index futures climbed modestly Wednesday morning as markets anticipate the Federal Reserve’s interest rate announcement
- A 25 basis point rate increase to 4.0% is widely anticipated,
Federal Reserve interest rate decision looms as inflation worries persist
Patrice Onwuka, VP of economic policy at the Independent Women’s Forum, discusses the Federal Reserve’s upcoming interest rate decision. She analyzes the potential economic impact of a rate hike and President Trump’s call for lower rates.
The Federal Reserve prepares to announce its latest interest rate decision amid growing economic uncertainty.
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Read MoreTesla (TSLA) Stock: Goldman Sachs Cuts Q3 Delivery Forecast on Weak Demand
TLDR
- Goldman Sachs cut its Q3 Tesla delivery forecast to 435,000 vehicles, down from 490,000, citing weak demand in China, the US and Europe.
- The revised Q3 estimate is below Wall Street consensus of 456,000 deliveries.
- Tesla stock trades at $356.58,
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Read MoreIs Delaying a Social Security Claim to Increase Your Benefit Really Worth the Sacrifice?
When you turn 62, you become eligible for Social Security retirement benefits. Many people look forward to this day because getting benefits can open up the door to retirement. However, many financial experts will tell you not to claim Social Security as soon as you become eligible. In fact, the conventional wisdom is that you should wait until you turn 70.
Read MoreHoward Marks Sends Stark Signal to Federal Reserve
This article first appeared on GuruFocus.
Oaktree Capital co-chair Howard Marks is backing Federal Reserve Chair Kevin Warsh’s push for a less talkative central bank, arguing that markets have become too dependent on policy guidance. His comments carry an important implication for investors: fewer signals from the Fed could mean more volatility in bonds and rate-sensitive stocks,
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Read MoreThe Burst
Market Commentary: 1 Brazilian Fintech Buffett Bought In Spades
The rise of financial technology (fintech) in Brazil has been a major force for change in the country’s economy. Driven by technological innovation and fierce market demand, fintech has made financial services more accessible and efficient for millions of Brazilians.
Read MoreThe Ivy
When The CEO Signs a Girl’s… Is It The Top?
Fame is a drug and Jensen Huang might be falling victim to it. The renowned CEO of Nvidia has been captured autographing the… let’s go with the word “chest” of a woman. Some are claiming that’s the sign a market top is in…. when the boss of a semiconductor company has become so lauded that women are clamoring to have him sign his name on their bodies.
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