Market rebound strongly in last two days after FED Chairman indicating future rate cut if economy situation is getting worse due to trade war.
“The Federal Reserve’s top policy makers aren’t yet ready to cut interest rates, but worsening trade tensions are nudging them in that direction.
In separate comments Tuesday, Fed Chair Jerome Powell and his No. 2, Richard Clarida, reassured nervous investors they’re watching closely for signs that disputes between the U.S. and its trading partners are denting the outlook for the world’s largest economy. Their remarks moved the Fed slightly closer to its first rate cut since 2008.”
But shouldn’t we be more worried when FED is going to cut rate as it shows that economy is not doing well or deteriorating. Look at below news on latest PMI from some countries, including Singapore…
FED Rates vs Recession :
It will be very interesting to
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