Follow
____________________________
Monthly Archives: September 2024
About That: Supersized rate cuts?
The U.S. Federal Reserve slashed interest rates for the first time in four years, and in the same week, Canada’s inflation rate reached the Bank of Canada’s two percent target. Andrew Chang explains why this is prompting economists to predict … Continue reading
Posted in Main Page
Comments Off on About That: Supersized rate cuts?
Danielle’s bi-weekly market update
On Wednesday, the Fed cut its policy rate by 50 basis points. The last three times they cut by this much were January 3, 2001, September 18, 2007, and March 3, 2020—all three marked the beginning of major recessions and … Continue reading
Posted in Main Page
Comments Off on Danielle’s bi-weekly market update
Fed cuts unlikely to prevent spreading strife
Rising unemployment has overtaken inflation as the dominant fear, and today is expected to bring the Fed’s first rate cut of a new easing cycle. Like Pavlovian dogs, stocks typically rally in anticipation of Fed easing. However, unemployment continued to … Continue reading
Posted in Main Page
Comments Off on Fed cuts unlikely to prevent spreading strife
;
