Daily Overview of Global Markets & the SEE Region (Thursday, 2 May, 2019)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: As expected, the Fed left the target range for the federal funds rate at 2.25-2.50% at this week’s two-day monetary policy meeting, which concluded yesterday. The Fed reiterated its data-dependent and patient approach towards future policy adjustments with Chairman Jerome Powell making clear that the Fed sees no compelling reason to consider a rate cut in...