Last week the US Federal Reserve cut rates by 25 basis points. Not much of a surprise there. Rate markets had been pricing in a cut with near certainty. In the press conference, Fed Chair Jay Powell emphasized that the Fed is unlikely to cut rates any further because its benchmark funds rate is in […]
source https://thebtrader.com/2019/11/07/key-fed-message-got-lost-in-the-shuffle/?utm_source=rss&utm_medium=rss&utm_campaign=key-fed-message-got-lost-in-the-shuffle
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