Gold Silver Reports – Indian Budget Squeeze May Put Corporate Tax Cuts on Hold — Businesses waiting for Indian Prime Minister Narendra Modi to follow through on a pledge to cut corporate taxes may need to wait a bit longer.
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
Janet Yellen’s Fed Era Ends With Unanimous Vote of No Rate Hike
Gold Silver Reports – Janet Yellen’s Fed Era Ends With Unanimous Vote of No Rate Hike — Federal Reserve officials, meeting for the last time under Chair Janet Yellen, left borrowing costs unchanged while adding emphasis to their plan for more hikes, setting the stage for an increase in March under her successor Jerome Powell.
Dollar remains under pressure ahead of FOMC – BBH
Global Currency Strategy Team at Brown Brothers Harriman & Co. (BBH) offered a brief overview of the US Dollar price action as we head into this week’s key event risk – the highly anticipated FOMC policy decision, due to be announced later during the NY trading session.
Goldman Thinks This Fed Meeting May Not Be a Sleeper After All
Gold Silver Reports – Goldman Thinks This Fed Meeting May Not Be a Sleeper After All — Far from being a complete nonevent, Goldman Sachs Group Inc. expects a slightly hawkish upgrade of language at the Federal Reserve meeting this week, slated to be Janet Yellen’s last.
U.K. Economy Caps Challenging Year With Surprise Growth Pickup
Gold Silver Reports – The U.K. ended a difficult year on a stronger-than-expected note. – Gross domestic product rose 0.5 percent in the fourth quarter, faster than the 0.4 percent forecast, figures from the Office for National Statistics Friday show.
Narendra Modi Wants a Bigger Global Role for India
Gold Silver Reports – Narendra Modi Wants a Bigger Global Role for India – Narendra Modi will become the first Indian prime minister in two decades to attend a meeting of the world’s rich and powerful in Davos, trying to carve out a bigger global role for the South Asian nation while convincing investors that his economic reforms back home are a success.
Red Alert: U.S. Government in Shutdown Mode while Lawmakers Gathered in Hopes
Gold Silver Reports – U.S. Government in Shutdown Mode while Lawmakers Gathered in Hopes – The second year of Donald Trump’s presidency began on Saturday with the U.S. government in shutdown mode while lawmakers gathered in hopes of finding a compromise that would fund federal agencies.