Tag Archives: Fed Chair

Financial Daily Dose 7.11.2019 | Top Story: Fed Chair Primes Markets for July Rate Cut

BY: Michael D. Reif | July 11, 2019

The big takeaway from Day 1 of Fed Chair Powell’s Congressional testimony is that a July rate cut is still definitely on the table, despite last week’s strong US jobs numbers.  As the Times puts it, “That the Fed is considering a rate cut a moment when the United States economy is strong and job … Continue reading

Financial Daily Dose 7.10.2019 | Top Story: US Softens Some Huawei Restrictions

BY: Michael D. Reif | July 10, 2019

Commerce Secretary Wilbur Ross announced yesterday that the US will, mere weeks after blacklisting Huawei altogether, allow some American companies to keep doing business with the Chinese telecom company. The reversal appears to be part of the White House’s move to restart trade talks with China – NYTimes and WSJ and Law360 More on what … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 30, 2017

Most insiders are chalking up last week’s CVS/Aetna news to a recent Amazon push into the pharma world.  The Journal breaks down exactly what that means—both for the industry and for Amazon, which faces a series of challenges in making an online pharmacy work – WSJ Bloomberg, in fact, explores how the merger and Amazon’s … Continue reading