View full page at cryptocraft.com

 

Federal Reserve: Expect a 'hawkish cut' today as officials look to slow down on interest rate cuts next year

From finance.yahoo.com

Investors are betting the Federal Reserve will lower interest rates today for the third time this year, though there could be division within the central bank over the decision. "The decision will not be unanimous and is likely to feature dissents in both a hawkish and dovish direction," Deutsche Bank chief US economist Matt Luzzetti said. Where there might be more consensus: on signals that most of the rate cuts are finished — for now. Today's decision could draw dissents on both sides from one to as many as five central bankers. Boston Fed president Susan Collins, Kansas City Fed's Jeff Schmid, Chicago Fed ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis