Fed holds interest rates at 1.50%-1.75% (Market Trading)

January 29, 2020•53 words

#Fed #Rates

The US Federal Reserve's Federal Open Market Committee (FOMC) announced on Wednesday that it decided to keep interest rates unchanged at the 1.50%-1.75% range. All 10 FOMC members voted in favor of holding rates at its current levels after lowering them three toimes in 2019.

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Global Markets Sell Off (Market Trading)

January 27, 2020•120 words

#DOW #coronavirusWall Street closed deeply in the red on Monday, as the coronavirus outbreak worsened. A fifth case of the virus was confirmed in the United States and the overall death toll climbed to 81. Travel, gambling, and technology stocks led declines, as major disruptions for the Chinese economy are expected. Oil prices fell nearly 2% and safe-haven assets rallied. On the macro side, US new home sales unexpectedly fell in December and numbers for the previous three months were downwardly...

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Pound Flat after EU Approves Brexit Deal (Market Trading)

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Fed holds interest rates at 1.50%-1.75% (Market Trading)

More from Anthony KennedyAll posts

Global Markets Sell Off (Market Trading)

Pound Flat after EU Approves Brexit Deal (Market Trading)

More from Anthony Kennedy
All posts