Take Five: The Fed and the rest

ByNews Videos

Jun 15, 2019 #Asia / Pacific, #Bank of England, #Central Banks / Central Bank Events, #China (PRC), #Consumer Sentiment, #Currencies / Foreign Exchange Markets, #Debt / Fixed Income Markets, #Economic News (3rd Party), #Emerging Market Countries, #Employment / Unemployment, #Equities Markets, #Euro Zone as a Whole, #Europe, #European Central Bank, #GLOBAL, #Government / Politics, #Graphics, #Inflation, #Interest Rates / Policy, #International Trade, #Japan, #Major News, #MARKETS, #Middle East, #Monetary / Fiscal Policy / Policy Makers, #Money Markets, #National Government Debt, #Reports, #South America / Central America, #Take a Look, #THEMES, #United Kingdom, #united states, #US, #US Federal Reserve, #Western Europe

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With President Donald Trump’s trade policies heightening fears of a U.S. recession, expectations of a Fed rate cut have dramatically increased in the past month. Money market pricing became even more aggressive after Federal Reserve Chair Jerome Powell threw open the door to a cut, promising on June 4 the Fed would act “as appropriate” to address risks from the trade dispute. It was the second sudden shift in the Fed’s tone, after January when it abandoned its bias toward steady tightening.