الخميس, 31 تشرين1/أكتوير 2019 12:21

Fed Pauses Rate Cuts

Written by
Rate this item
(1 Vote)

(Washington)

The Fed finally paused. Investors were worried about it, but it happened as many expected. The Fed decided to lower rates another 25 bp yesterday, but said that for the time being, it would stop worrying about the possible trade war. Analysts interpret Powell’s statements as indicating that the Fed wants to wait to see weakness in the US consumer before undertaking any more rate cuts.


FINSUM: Some are perplexed by this pause because none of the three main things the Fed is worried about have actually improved.

Contact Us

Newsletter

اشترك

Subscribe to our daily newsletter

Top