FOMC Preview: When Will Powell Turn Dovish Amid Tariff Tensions?
Express News | Major Banks Predict Fed Will Maintain Interest Rates in May
U.S. Futures Rise, European Stocks Mostly Down
The largest stock buyback frenzy in history has arrived! In the midst of uncertainty, companies choose to "buy the dip" on themselves.
According to Deutsche Bank, S&P 500 Index constituent companies are expected to buy back $192 billion worth of Stocks in the coming months, the highest single-week record since 1995. Under the shadow of uncertainties such as trade tariffs, companies prefer to deploy large Cash reserves through buybacks.
US-China Trade Talks to Start This Week
Countdown to the Federal Reserve's interest rate decision, Goldman Sachs expects there will be three more rate cuts this year.
Goldman Sachs predicts that the Federal Reserve may cut interest rates three times in the coming months, specifically in July, September, and October, for a total reduction of 75 basis points.
