The U.S. Federal Reserve on Wednesday signaled interest rate cuts beginning as early as July, saying it is ready to battle growing global and domestic economic risks as it took stock of rising trade tensions and growing concerns about weak inflation.
— Read on www.reuters.com/article/us-usa-fed-kudlow/fed-sees-case-building-for-interest-rate-cuts-this-year-idUSKCN1TJ24A
Tag: Federal Reserve
Goldman Sachs and UBS execs: Markets are ‘overpricing’ Fed rate cuts
The financial markets are getting too far ahead on expectations for potential for Federal Reserve rate cuts, according to a pair of top global bankers at UBS and Goldman Sachs.
— Read on www.cnbc.com/2019/06/06/goldman-sachs-and-ubs-execs-markets-are-overpricing-fed-rate-cuts.html
Powell signals openness to cut rates if needed on trade tensions – BNN Bloomberg
Powell signals openness to cut rates if needed on trade tensions – BNN Bloomberg
— Read on www.bnnbloomberg.ca/powell-signals-openness-to-cut-rates-if-needed-on-trade-tensions-1.1268371