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Sunday, December 30, 2018

Fed Chair Powell's unscripted approach sets up for rocky 2019

Jerome Powell had a bumpy first year as Federal Reserve chairman when it came to talking policy, by turns spooking and comforting investors even as economic data offered increasingly mixed signals and President Donald Trump stepped up his attacks on the U.S. central bank.


from Reuters: Business News https://reut.rs/2LECt5e

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf