Fed Expected to Cut Interest Rates 7/31/19

Fed Expected to Cut Interest Rates 73119

“The Federal Reserve is widely expected to cut interest rates Wednesday for the first time since 2008. While the U.S. economy appears healthy, Fed officials have voiced concerns over trade unrest and a slowing global economy. In addition to an expected quarter-point reduction in its target rate, investors will be watching the central bank’s accompanying statement for any signs it’s open to more cuts this year.” LINK

Source: Wall Street Journal