Wall Street & White House Divided on Pace of Rate Cuts

2019-7-28 02:00

Most of Wall Street is expecting the Fed to cut interest rates in coming days, but the question is by how much? For the most part, economists fall in one of two camps – a 25 basis-point cut or a 50 basis-point cut.

But according to one White House official, half-a-point is just not going […]

The post Wall Street & White House Divided on Pace of Rate Cuts appeared first on CCN Markets

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Источник: ccn.com

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Dow Aggressively Rallies as Fed Sharpens Its Rate-Cutting Knife

The Dow prepared to mount an aggressive recovery on Friday after multiple Fed officials appeared to signal the need for an even larger interest rate cut than Wall Street already expects. The index sped toward a substantial gain in the week’s closing session, even after the Fed clarified that at least one set of those […] The post Dow Aggressively Rallies as Fed Sharpens Its Rate-Cutting Knife appeared first on CCN Markets

2019-7-20 16:38


Dow Buckles Under Weak Inflation, Hastening Fed Rate Cut Band-Aid

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