Category Archives: Federal Reserve

Economic Growth Forecast Lowered –

Crude oil fell to $94 a barrel after the Federal Reserve lowered the economic growth forecast.  Crude oil inventories also fell 1.71 million barrels which was slightly less than analysts had expected.  The Energy Department also released figures that showed … Continue reading

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Dollar Falls –

The U.S. dollar fell to a 13 year low against the Yen and also slipped versus the Euro.  The Dollar is under pressure and the rate cuts will continue to weaken the currency.  Jim Rogers has recently stated that selling … Continue reading

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Rate Cut Expected –

The Fed is expected to cut rates by one half point today.  This action is being done to combat deflation in the overall economy. To view a related article, please click here: Jim Sutliff

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