Federal Reserve Board

Federal Reserve Board Concludes Meeting

The Federal Reserve Board concludes their two-day July meeting a week from today, with no move expected in interest rates. CME FedWatch Tool shows an 83% chance the Fed will leave rates unchanged, still a 17% chance of a small rate hike. Now, the Fed doesn’t meet in August. CME, though, is looking for some action at the September 15th-16th …

key ports

Key Ports Shut Down will Affect World Market

It’s taken some time, but world focus shifting from the Strait of Hormuz to what may be a bigger story by the end of the year, the Black Sea area. Ukraine has quietly developed drone technology, but the result’s anything but quiet. As many as 150 Russian-linked ships have been hit since shelling began, shutting down some key ports in …