Tag Archives: rate cute

Financial Daily Dose 9.9.2019 | Top Story: Fed on Track to Cut Rates Again in September

BY: Michael D. Reif | September 9, 2019

Friday remarks from Fed Chair Powell in Zurich confirmed the central bank’s dedication to keeping the US economic expansion on track and appear to have signaled the Fed’s plan to cut interest rates for a second time this year – NYTimes and WSJ Last week’s jobs numbers don’t appear to significantly alter that plan – … Continue reading

Financial Daily Dose 8.1.2019 | Top Story: Fed Cuts Rates for First Time Since 2008

BY: Michael D. Reif | August 1, 2019

The Fed delivered on its expected quarter-point rate cut yesterday, the first decrease in short term rates since 2008. Fed Chair Powell cited “the implications of global developments for the economic outlook as well as muted inflation pressures” as reasons for the move, though by not promising a “rate-cutting campaign,” Powell gave markets plenty of … Continue reading