• Dollar rallies to 7-month high ahead of the Fed

    2 monthes ago - By Business Insider

    The US dollar hit a seven-month high on the Bloomberg Dollar Spot Index.
    The spike comes ahead of an expected Federal Reserve rate hike.
    Follow the dollar in real time here.
    The US dollar soared to a seven-month high against a basket of currencies on Wednesday ahead of the Federal Reserve's June meeting, where officials are expected to raise key rates.
    The dollar has climbed on the Bloomberg Dollar Spot Index for three straight sessions, bringing it to its its highest point since November.
    The Federal Reserve is expected to raise interest rates by 25 basis points at a 2 p.m. meeting...
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    2 monthes ago - By Business Insider

    Here is what you need to know.
    Here comes the Fed. The Federal Open Market Committee is widely expected to raise its benchmark interest rate 25 basis points to a range between 1.75% and 2% at the conclusion of its two-day meeting. The decision will cross the wires at 2 p.m. ET.
    Goldman Sachs says investors aren't ready for the Federal Reserve's decision. In a note sent out to clients on Tuesday, the bank said investors weren't adequately positioned for a move in bank stocks.
    The Nasdaq hits a record high. The tech-heavy index gained 0.57% Tuesday and finished at a record high of...
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  • The Federal Reserve is about to raise its interest rate again. Is that a good idea?

    The Federal Reserve is about to raise its interest rate again. Is that a good idea?

    2 monthes ago - By Washington Post

    The Fed needs to steer a careful course between “normalization of rates" and not shutting down the economy's momentum.
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  • The Finance 202: The Fed will likely raise interest rates today. But will it weigh in on Trump's trade war?

    2 monthes ago - By Washington Post

    It could happen.
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    2 monthes ago - By Business Insider

    Here is what you need to know.
    Here comes the Fed. The Federal Open Market Committee is widely expected to raise its benchmark interest rate 25 basis points to a range between 1.75% and 2% at the conclusion of it's two-day meeting. The decision will cross the wires at 2 p.m. ET.
    Goldman Sachs says investors aren't ready for the Fed's decision. In a note sent out to clients on Tuesday, the bank said investors aren't adequately positioned for a move in bank stocks.
    The Nasdaq hits a record high. The tech-heavy index gained 0.57% Tuesday to finish at a record high of 7,703.79.
    Putin plans to...
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  • GOLDMAN SACHS: Investors aren't positioned properly for the Fed's rate decision - here's a trade to take advantage of their negligence

    GOLDMAN SACHS: Investors aren't positioned properly for the Fed's rate decision - here's a trade to take advantage of their negligence

    2 monthes ago - By Business Insider

    The Federal Reserve is widely expected to hike interest rates by another 25 basis points Wednesday, to a range between 1.75% and 2%.
    Goldman Sachs has crunched the numbers and found that investors are underpositioned for possible price moves in bank stocks.
    The Federal Reserve is widely expected to raise interest rates by another 25 basis points Wednesday, and naturally the entire investment community will be watching with great interest.
    The sheer fact that the hike has been so well-telegraphed by the Fed suggests that market moves will be minimal. But that won't necessarily apply to bank...
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  • What to Watch as Federal Reserve Prepares to Raise Interest Rates

    2 monthes ago - By NY Times

    Fed officials will almost certainly end a two-day meeting with a quarter-point hike in their benchmark interest rate.
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