DJIA26829.64
LIVE13.05(0.05%)
NDX7854.08
LIVE10.20(0.13%)

Fed Makes Second Straight Rate Cut, Splits on Further Action

Thursday, 19 September 2019 01:20 WIB Federal Reserve The Fed Ekonomi AS

Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need for further easing, caught between uncertainty over trade and global growth and a domestic economy that's holding up well. “ Although household spending has been rising at a strong pace, business fixed investment and exports have weakened,’’ the Federal Open Market Committee said in a statement on Wednesday in Washington. Officials maintained their pledge to “act as appropriate to sustain the expansion.”  Chairman Jerome Powell, under relentless public pressure from President Donald Trump to slash rates, will hold a press conference at 2:30 p.m. New York...

Read more...

RECENT NEWS

Australia's central bank said there's potential for an upswing in home prices as dwelling construction weakens, while reiterating it's prepared to lower interest rates further. In minutes of its Sept. 3 policy meeting released in Sydney Tuesday,...

The European Central Bank cut interest rates further below zero and said it’ll resume bond purchases as President Mario Draghi overcame critics of his stimulus policies to make a final run at reflating the euro-area...

Federal Reserve Chairman Jerome Powell said Friday afternoon that the most recent monthly gauge of the U.S. labor market fit into an overall picture of a healthy jobs market and economy. In a question-and-answer session in Zurich, Powell said the...

While testifying before the Treasury Committee as part of the Bank of England (BOE) inflation report hearings, Governor Mark Carney said that their worst-case Brexit scenario was less severe than last year's forecast and added that the worst-case...

RBA broadens its watch -- ANZ

Tuesday, 3 September 2019 13:45 WIB ekonomi Ekonomi Australia

David Plank, head of Australian economics at ANZ, explains that as expected by almost all commentators the RBA Board left the cash rate at 1% following its September meeting. Key Quotes “We think the RBA will ease again before the end of the...

Monetary

Fiscal

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.