6:03 PM · 18 September 2019

Federal Reserve cut interest rate by 25 bp

Federal Reserve decided to cut interest rate by 25 bp to 2.00% from 2.25% in line with market expectations.

Additionally dot plot shows that 7 FOMC members see one more cut this year, however median drops only to 1.9%. Dollar is stronger after the decision.

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Daily summary: Indices and crypto decline amid rising oil prices 🚩 Gold and the US dollar move higher

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