Fed, Interest rate
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The Federal Reserve is on "autopilot" of steady rate cuts until its benchmark rate gets closer to 3.5%, said Ashok Bhatia, head of fixed income at Neuberger Berman. "I don't think there's a lot constraining the Fed.
A once-obscure data-sharing deal between ADP and the Fed helped shape monetary policy for years—until it abruptly vanished.
The Fed is expected to cut rates in October with a focus on QT policy as liquidity remains stable. Learn why QT may run through December.
The move comes as the BTC/gold ratio — a measure of Bitcoin’s relative value against the yellow metal — flashed its most oversold reading in nearly three years last week.
The Fed’s next move comes amid increasing fears of weakness in the labor market; lower borrowing costs could help spur business activity and create more jobs. However, the rate cut decision arrives as inflation remains above the Fed’s target level, and rate cuts could mean upward pressure on prices.
Fitch Ratings affirmed the credit ratings of American Assets ( AAT ), including its Long-Term Issuer Default Ratings and its limited partnership at “BBB” with a stable outlook.
Happy Feet was kept in a doghouse that his owners only checked once every 2 weeks, with only a dish of rainwater to drink and no food.
Prince William isn’t the only one to be irritated by Prince Andrew, who recently announced that he would stop using his Duke of York title amid the latest Jeffrey Epstein backlash. Princess Anne has reportedly long been annoyed by her younger