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Thursday, August 22, 2019

Tag: policy meeting

US Fed opens 2-day meeting, rate cut expected

Markets overwhelmingly expect the central bank will cut the key lending rate by 25 basis points on Wednesday, the first decrease in more than 10 years.

ECB set to sketch path for new stimulus

Expectations for a possible cut at the summer gathering have been heightened in recent weeks by the ECB itself talking up the possibility of action.

Trump pokes Fed on rates as policy meet opens

Fed chief Jerome Powell is trying on balance economic necessity and President Donald Trump's insistent demands that the lending rate be lowered.

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