July 30, 2019
The FOMC will meet on Wednesday, July 31, and the market expects the Fed Funds rate to drop by 25 basis points. In my latest piece for Seeking Alpha, I focus on a discussion that took place at the White House last week as the President shot down a suggestion to devalue the US dollar. However, the potential for future intervention from the US Department of Treasury is likely in the hands of the central bank and its move this week.
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