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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