Archive for July 29th, 2025

New Overnight Developments Abroad - Daily Update

Second Quarter GDP Data Starts to Trickle In

July 29, 2025

The Federal Open Market Committee begins a 2-day interest rate policy review today that is widely expected to leave the 4.25-4.5% federal funds target range unchanged in spite of relentless calls by President Trump for substantial rate reduction. Of particular interest will be whether Governors Waller and Bowman, who have verbally expressed support for lowering […] More

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