GLOBAL & REGIONAL DAILY (Thursday 31, October 2019)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
October 31, 2019
Global Markets
The Fed cut rates by 25bps at this week’s two-day monetary policy meeting which concluded yesterday, taking the target range for the fed funds rate to 1.50-1.75%. Speaking in the post-meeting press conference, Fed Chair Jerome Powell hinted that the Central Bank does not plan to make any more cuts in the near future, unless upcoming developments cause the Fed to materially...
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