CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the High risk of losing your money.

IMF’s Chief Economist Gopinath: Still some scope for interest rate cuts in United States

2019-06-19 16:45

The International Monetary Fund (IMF) Chief economist of Gita Gopinath was on the wires last minutes, via Reuters, noting that there is still some scope for interest rate cuts in the US.

The comments add to the already increased odds of Fed rate cuts this year, as markets eagerly await the FOMC monetary policy decision due later today at 1800 GMT. The Fed is widely expected to leave the rates on hold but is likely to signal rate cuts in the coming months.

This article is published only for general use basic informatory purposes and should not be considered or depended on as a financial or investment advice. Investors should make sure that they understand the risks and seek independent financial advice at all times. CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE.

Economic news

    Exchange Rates

    GBPUSD +0.44% 1.37995
    EURUSD +0.63% 1.16749
    XAUUSD +0.17% 1799.65
    XTIUSD +0.32% 81.986
    NAS100 +0.67% 15714.6
    US30 +0.35% 35668.9