Markets steady after second FOMC rate cut this year

What Wall Street wants, it usually gets.
Last night, after some deliberation, the Fed cut the policy rate by 25bps to 1.75-2.00%. In particular, the Fed stated that its latest 'action supports the Committee's view that sustained expansion of economic activity, strong labor market conditions, and in...

To continue reading please register for free...

Become a better, more informed investor with Good Money Guide. Our expert exclusive content provides the sort of information that everyone, from first-time investors through to experienced professional traders, can learn to profit from.

Investment Advice Disclaimer

ALL INVESTING CONTAIN RISK: The information contained in this website is for informational purposes only and does not constitute financial advice. The material does not contain (and should not be construed as containing) investment advice or an investment recommendation, or, an offer of or solicitation for, a transaction in any financial instrument. Always seeking independent financial advice.