Wednesday, September 18, 2019

Fed cut meets market expectations, but future cuts are in doubt

The Federal Reserve (Fed) cut interest rates by 25 basis points Wednesday to a range between 1.75% and 2%, as widely expected by markets. However, the Fed’s economic projections showed that the median Federal Open Market Committee (FOMC) member does not expect to cut rates again this year, marking potential disagreement among FOMC members and […]

source https://thebtrader.com/2019/09/18/fed-cut-meets-market-expectations-but-future-cuts-are-in-doubt/?utm_source=rss&utm_medium=rss&utm_campaign=fed-cut-meets-market-expectations-but-future-cuts-are-in-doubt

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