Federal Reserve institutes the third interest rate cut with a rare pause signal.

Daisy Harvey

2019-12-10 09:30:00 Tue ET

Federal Reserve institutes the third interest rate cut with a rare pause signal. The Federal Open Market Committee (FOMC) reduces the benchmark interest rate by 25 basis points to a reasonable range of 1.5% to 1.75% in accordance with Wall Street analyst forecasts. At this stage, Fed Chair Jerome Powell indicates that the central bank may pause key interest rate adjustments until early-2020 or even mid-2020. With some subtlety, Powell removes one clause in previous FOMC monetary policy statements since June 2019 that the Federal Reserve seeks to make dovish interest rate reductions to help sustain the current economic expansion.

Hawkish regional presidents Esther George of Kansas City and Eric Rosengren of Boston again vote against the third interest rate reduction. The FOMC continues to monitor the monetary policy implications of both new U.S. economic data and global trade risk retrenchment as FOMC members assess the appropriate path of the target range for the federal funds rate. The current U.S. monetary policy stance remains appropriate in the foreseeable future. Several financial economists warn that the recent trifecta of interest rate cuts means fewer monetary policy levers for Federal Reserve when the U.S. economy inadvertently enters the next recession.

 


If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.

Blog+More
U.S. Treasury's proposal for financial deregulation aims to remove key aspects of the Dodd-Frank Act.
Rose Prince

2017-08-25 13:36:00 Friday ET

U.S. Treasury's proposal for financial deregulation aims to remove key aspects of the Dodd-Frank Act.

The U.S. Treasury's June 2017 grand proposal for financial deregulation aims to remove several aspects of the Dodd-Frank Act 2010 such as annual macro s

+See More
Amazon acquires an Internet pharmacy PillPack in order to better compete with Walgreens and many other drug distributors.
Peter Prince

2018-06-29 11:41:00 Friday ET

Amazon acquires an Internet pharmacy PillPack in order to better compete with Walgreens and many other drug distributors.

Amazon acquires an Internet pharmacy PillPack in order to better compete with Walgreens Boots Alliance, CVS Health, Rite Aid, and many other drug distributo

+See More
Treasury Secretary Steve Mnuchin has released a 147-page report on U.S. financial deregulation.
Peter Prince

2017-05-25 08:35:00 Thursday ET

Treasury Secretary Steve Mnuchin has released a 147-page report on U.S. financial deregulation.

Treasury Secretary Steve Mnuchin has released a 147-page report on financial deregulation under the Trump administration. This financial deregulation seeks

+See More
Warren Buffett invests in American stocks across energy, transport, and finance etc.
Daphne Basel

2017-07-07 10:33:00 Friday ET

Warren Buffett invests in American stocks across energy, transport, and finance etc.

Warren Buffett invests in American stocks across numerous industries such as energy, air transport, finance, technology, retail provision, and so forth.

+See More
Federal Reserve proposes to revamp post-crisis rules for U.S. banks.
Joseph Corr

2019-04-19 12:35:00 Friday ET

Federal Reserve proposes to revamp post-crisis rules for U.S. banks.

Federal Reserve proposes to revamp post-crisis rules for U.S. banks. The current proposals would prescribe materially less strict requirements for community

+See More
Our proprietary alpha investment model outperforms most stock market indices such as S&P 500, Dow Jones, and Nasdaq.
Andy Yeh Alpha

2019-02-01 15:35:00 Friday ET

Our proprietary alpha investment model outperforms most stock market indices such as S&P 500, Dow Jones, and Nasdaq.

Our proprietary alpha investment model outperforms the major stock market benchmarks such as S&P 500, MSCI, Dow Jones, and Nasdaq. We implem

+See More