International Economic

Fed cuts by 25bp, as expected, shies away from fresh forward guidance

By Alexander Bueso

Date: Thursday 07 Nov 2024

(Sharecast News) - Rate-setters in the US decided on Thursday to ease monetary policy by 25 more basis points, as expected.
Nonetheless, they shied away from providing more forward guidance until the new US administration's policies were known and could be modelled.

On this occasion, the Federal Open Market Committee's...

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