More

    FOMC keeps rates unchanged, but signals likelihood of another hike this year


    US Fed Meeting LIVE: Don’t expect too many clues on November’s Fed meeting, says Russell Investments’ BeiChen Lin

    Investors will keep an eye out for hints from the Federal Reserve on how policymakers may move forward at the November meeting, but they are likely to be disappointed, said Russell Investments’ BeiChen Lin, reported CNBC.

    “Although the Fed will be releasing updated dot plots that will show how Fed members see interest rates evolving, [Chair Jerome] Powell will likely continue to emphasize that those are merely projections, and not a pre-set course,” said Lin, investment strategy analyst at Russell.



    Source link

    Latest articles

    Related articles

    Discover more from Blog | News | Travel

    Subscribe now to keep reading and get access to the full archive.

    Continue reading