Episode 50 of Trading Perspectives

FOMC Rate Cuts

For the first time in over a decade the Federal Open Market Committee, the monetary policy making arm of the Federal Reserve, cut the overnight lending target by 0.25% to an effective range of 2.00-2.25%. This week John and Sam breakdown the statement from the FOMC. Why now and is it even necessary? Should we expect to see another rate cut in the near future?

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