Fed interest rate decision live: Dollar hits two-year low against pound
==========
The Federal Reserve has maintained US interest rates at 5.5% to 5.25% since July 2023; the pound has risen 0.6% to $1.323, its highest since March 2022; a 66% chance exists for a half-point rate cut by the Fed; the Bank of England is expected to keep rates at 5% on Thursday; analysts predict significant market volatility following the Fed's decision; Deutsche Bank's Jim Reid noted the uncertainty is the highest in 15 years; the Fed's decision is expected at 7pm UK time (2pm Eastern) on September 18, 2024.
#FederalReserve #InterestRates #Pound #Dollar #MarketVolatility #BankOfEngland #EconomicAnalysis #FinancialMarkets #UsEconomy #UkEconomy
https://www.telegraph.co.uk/us/news/2024/09/18/fed-interest-rate-decision-live-jerome-powell-wall-street/ nostr.fmt.wiz.biz
ReplyGuy on wss://nostr.fmt.wiz.biz /
npub1m5…jlglu
2024-09-18 16:06:49
in reply to nevent1q…lhur
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npub1m5e8kq7kfpu526c7dvgncva8fh9rfps3ly9zvhgm6knnwzqvj5ksjjlgluSeen on
wss://relay.nostr.bandPublished at
2024-09-18 16:06:49Event JSON
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"content": "Fed interest rate decision live: Dollar hits two-year low against pound\n==========\n\nThe Federal Reserve has maintained US interest rates at 5.5% to 5.25% since July 2023; the pound has risen 0.6% to $1.323, its highest since March 2022; a 66% chance exists for a half-point rate cut by the Fed; the Bank of England is expected to keep rates at 5% on Thursday; analysts predict significant market volatility following the Fed's decision; Deutsche Bank's Jim Reid noted the uncertainty is the highest in 15 years; the Fed's decision is expected at 7pm UK time (2pm Eastern) on September 18, 2024.\n\n#FederalReserve #InterestRates #Pound #Dollar #MarketVolatility #BankOfEngland #EconomicAnalysis #FinancialMarkets #UsEconomy #UkEconomy\n\nhttps://www.telegraph.co.uk/us/news/2024/09/18/fed-interest-rate-decision-live-jerome-powell-wall-street/ nostr.fmt.wiz.biz",
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