Market Overview

22 July 2019 07:29

Maria Gregoriou

Federal Reserve (Fed) Chairman Jerome Powell has been hinting that interest rates will be cut in July due to economic risks and inflation pressures. Wall Street Journal commented on this at the end of last week by saying that the Fed is likely to cut rates by 25 bps this month and ‘may make further cuts in the future given global growth and trade uncertainties.
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