Category: Decision
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Stocks rally after Fed decision as Powell soothes rate nerves
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I’ve always been very critical of Starbucks (SBUX). I remember working for the company as a stock analyst and spending weeks inside its stores studying the workflow in each department. It was an extreme exercise that won me no fans among Starbucks management (especially with former CEO Howard Schultz), but…
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Dollar near five-month highs ahead of Fed policy decision By Reuters
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Written by Alun John LONDON (Reuters) – The dollar rose towards its highest levels this year against a basket of its counterparts and US stock futures fell on Wednesday ahead of the Federal Reserve’s monetary policy decision, although trading was weak with many European and Asian markets closed. . The…