Measure twice, cut once: Fed delivers expected cut

The Federal Reserve (Fed) cut rates by 0.25% for the first time in over a decade,1 a move largely expected by the market. Heading into the July Federal Open Market Committee (FOMC) meeting, much of the debate was around whether or not the Fed would deliver 25 or 50 basis points. However, we were focused […]

source https://thebtrader.com/2019/07/31/measure-twice-cut-once-fed-delivers-expected-cut/?utm_source=rss&utm_medium=rss&utm_campaign=measure-twice-cut-once-fed-delivers-expected-cut