13 septembrie 2019

Of Fed-aches and other central banks: World market themes for the week ahead


THE FED MEETS AND TRUMP TWEETS Investors around the globe are bracing for a second rate cut from the U.S. Federal Reserve at its policy-setting Federal Open Market Committee on Sept. 17-18. Fed Chair Jerome Powell recently said that the central bank remained committed to keeping the U.S. economic expansion going, signaling he and his colleagues are likely to cut interest rates into 2020. But even so, President Donald Trump has made life a little harder for Powell. Trump again lambasted the Fed [...]