Saturday, July 27, 2019

Wall Street & White House Divided on Pace of Rate Cuts

Most of Wall Street is expecting the Fed to cut interest rates in coming days, but the question is by how much? For the most part, economists fall in one of two camps – a 25 basis-point cut or a 50 basis-point cut. But according to one White House official, half-a-point is just not going […]

The post Wall Street & White House Divided on Pace of Rate Cuts appeared first on CCN Markets



source https://www.ccn.com/news/wall-street-anticipates-rate-cut-ahead-of-feds-two-day-meeting/2019/07/27/

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