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Moody's: Expect Fed will likely cut Federal funds rate later this year

2019-06-20 05:25

After the latest dovish appearance of the US Federal Reserve, Global rating giant Moody’s came out with the statement saying that is expects Fed will likely cut Federal funds rate later this year if financial conditions significantly tighten amid increased trade tension.



The statement further mentioned that the FOMC’s decision to hold Fed funds rate is consistent with view that while growth is moderating, data continues to present solid economic performance.


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.

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