Gold Silve Reports (GSR) – As markets had expected, the central bank took the target range for its benchmark funds rate to 2.25 percent to 2.5 percent.
US: News
Federal Reserve will Meet this Week to Talk Monetary Policy
Gold Silver Reports (GSR ) – That has drawn the ire of major critic Dr. Ron Paul, former Texas congressman and advocate of smaller government, free trade and freer markets.
Donald J. Trump – Cancelled My Trip on Air Force One to Florida while we wait to see if the Democrats
Some of the many Bills that I am signing in the Oval Office right now. Cancelled my trip on Air Force One to Florida while we wait to see if the Democrats will help us to protect America’s Southern Border!
Government Shutdown is all But Certain as Congress Adjourns Without a Spending Deal
A temporary government shutdown was all but guaranteed Friday night as Congress struggled to break a stalemate over money for President Donald Trump’s proposed border wall.
Trump moves towards US Government Shutdown with vow not to Sign Bill
Donald Trump veered toward a shutdown of the federal government by vowing on Thursday not to sign a stopgap spending bill passed by the Republican majority in the Senate, taking his colleagues by surprise and catching many legislators who have already left town for the holiday break unawares.
As the world’s Top Oil Producing Nations Meet, Here are 5 Issues on everyone’s mind
From the lingering backlash over the killing of journalist Jamal Khashoggi to the collapsing oil price, this week’s meeting in Austria of OPEC and other top oil producing nations is shaping up to be the most important, and most unusual, in years. There are many story lines. Here are the 5 to watch most closely.
Fed Concerns Aren’t Over For the Market Yet
Trade relations between China and the U.S. overshadow most everything as stocks enter the month of December, but in the week ahead the Fed and U.S. economy come back into play with important Fed testimony and the November employment report.
US, China Reportedly Reach Agreement to Halt Additional Tariffs After January 1, Chinese State Television
Gold Silver Reports (GSR) – Citing Chinese media, “no additional tariffs will be imposed after January 1, and negotiations between the two sides will continue,” the report said, according to state television’s English-language service. It gave no further details.
Fed Points to December rate hike but is worried about Tariffs and Debt
Minutes released Thursday from the Nov. 7-8 meeting of the Federal Open Market Committee, which sets interest rates, pointed toward the strong likelihood of another quarter-point adjustment in the central bank’s benchmark rate target next month.
JP Morgan economists said the Economy Should Grow at a Slower Pace of 1.9 Percent From the Fourth Quarter’s Year over Year Rate of 3.1 Percent
The economist say the slow down from a “boomy” 3.1 percent in year-over-year fourth quarter growth will come as fiscal, monetary and trade policy get less supportive or more restrictive.