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I FORESEE TO WIN
NOTHING IS PERMANENT EXCEPT CHANGE

“I think the Fed is making a mistake. They are so tight. I think the Fed has gone crazy,” the president said after walking off Air Force One in Erie, Pennsylvania. The U.S. central bank has raised interest rates three times this year and is largely expected to hike once more before year-end. Fears about […]

The U.S. Federal Reserve on Wednesday kept interest rates unchanged and slashed all projections of a rate hike this year. Still, according to the U.S.-based financial services giant S&P Global Ratings, the Fed is “not yet done” with rate hikes. Its chief Asia-Pacific economist, Shaun Roache, says better-than-expected economic growth and strong labor markets leave […]