19th September 2024

  • Fed Opts for Outsize Cut as Powell Seeks to Ensure Soft Landing

Powell says half-point cut reflects ‘risk management’ approach

Officials are split on the outlook for additional cuts in 2024

https://blinks.bloomberg.com/news/stories/SK0ZD9T1UM0W

  • Traders Bet on More Easing as Fed Opts for Half-Point Rate Cut

Market prices in about 70 basis points of easing left in 2024

Fed officials see another half-point of cuts coming this year

https://blinks.bloomberg.com/news/stories/SK0Y0ZT0G1KW

  • Fed Opens Up Policy Space Around the World Without Feeding Panic

Half-point Fed cut exceeded most economists’ forecasts

Powell sees US economy and labor market in solid shape

https://blinks.bloomberg.com/news/stories/SK19BGT0G1KW

  • BOE Set to Refrain From Second Straight Rate Cut: Decision Guide

Central bank expected to keep rates at 5% on Thursday

Traders await BOE decision on how fast to run down QE assets

https://blinks.bloomberg.com/news/stories/SJY8P4T1UM0W

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