If Fed cuts rate or not ..
Publish Date : 2019/09/04 - 10:27

If Fed cuts rate or not ..

Analysts, in the US, believed that they had mixed signals from voting FOMC members ahead of the crucial Fed meeting 17-18 September.

While Bullard said that the Federal Reserve should cut rates by 50bp, Rosengren said that the Fed should not use more easing policy unless in emergency situations. Rosengren's unexpected comment declared after the very weak ISM report indicating a much more severe manufacturing recession.

US equity markets and Asian stocks are mixed this morning. Analysts think the Fed is going to continue cutting by 25bp.

Source: Fxstreet

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