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.
BREAKING: Canadian Wholesale & Manufacturing Sales higher than expected 📊USDCAD reacts
BREAKING: EU GDP data slightly above expectations! 📈💶
BREAKING: French and Spanish inflation came in line with expectations 📌
Daily Summary: Shutdown ends, rate cut fades and risk is off