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Economist Warns Trump That BRICS Will 'Act Collectively' And Spark A Trade War With US Over 100% Tariff Threats
Monday, December 2, 2024 - 3:14am | 914President-elect Donald Trump’s threat to impose 100% tariffs on BRICS nations if they create an alternative to the U.S. dollar has drawn mixed reactions from leading economists, highlighting tensions over global trade and currency dominance. What Happened: Milken Institute Chief Economist...
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Citigroup Says U.S. Economic Activity Is Too Low To Persuade Yellen To Raise Rates
Thursday, July 21, 2016 - 4:22pm | 212Citigroup said the Federal Reserve may not increase rates soon despite the pickup in the economic activity. "We believe that despite the recent pickup, the pace of activity remains too slow to persuade Chair Janet Yellen and the doves that they should resume rate increases soon. They want...
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Markets Are Already Bored With The Brexit
Wednesday, June 29, 2016 - 5:02pm | 300The Brexit vote may have caught global markets off guard. But with U.S. stocks surging again in Wednesday's session, Brexit may have already become old news. According to Citi analyst William Lee, there doesn’t appear to be much follow-through in the initial Brexit sell-off. “...
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Citi Researchers Speculate On Next Interest Rate Move
Wednesday, June 29, 2016 - 3:09pm | 280The Brexit vote caught nearly all economists and traders off guard. But now that it appears the Brexit will be a reality, the major question is how it will impact global economies. In the United States, fears of a potential Brexit certainly played a role in the Federal Reserve’s decision not...
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The One FOMC Wild Card Probably Flying Under Your Radar
Wednesday, August 26, 2015 - 2:11pm | 356Only a few weeks ago, a growing majority seemed to think that a September rate hike by the FOMC was inevitability. My, how things have changed. In a new note out this week, Citi Research analyst William Lee took a look at how the past week of market instability has affected the potential for a...
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Fed Rate Hike Expectations: What Four Big Banks Are Saying
Thursday, August 20, 2015 - 1:08pm | 1097Is a Fed rate hike looming in September? What will the impact be to the equities market? Unfortunately for investors, the lack of full clarity remains an overhang and major source of concern. Four major banks attempt to offer clarity and their analysis. JPMorgan: Fed More Dovish Than Expected...
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Why A Fed Rate Hike Could Continue As Scheduled Despite Greece
Monday, July 6, 2015 - 12:00pm | 346While the global economic world remains transfixed on the situation in Greece, Citi Research analyst William Lee believes that the FOMC will continue to focus on improvement in the U.S. economy when it comes to determining U.S interest rate policy. Following last week’s jobs report that...
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J.P. Morgan Remains Neutral on UniFirst (NYSE: UNF)
Thursday, April 1, 2010 - 5:27pm | 163Analysts at J.P. Morgan reiterated their neutral rating on UniFirst (NYSE: UNF) today. They noted that, “Wednesday morning, UniFirst reported a modest beat with 2QF10 (Feb) EPS of $0.83, two pennies above our estimate of $0.81. Total revenues also came in higher at $253.6mn, compared to our...