What The Fed Is Saying And What The Markets Are Hearing
Written by Jim Welsh
Macro Tides Weekly Technical Review 24 June 2019
FOMC Messaging and Markets Hearing
As expected the FOMC decided not to lower the funds rate at their June 19 meeting but financial markets have concluded (with the probability of 100%) the FOMC will cut the funds rate at the July 31 meeting.
Source: http://econintersect.com/pages/investing/investing.php?post=201906250450
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