Mr Williams must have gotten investors hopes up...
https://www.marketwatch.com/story/sp...wsviewer_clickS&P 500 turns negative after report indicates a 25 basis point cut at July Fed meeting
NY Fed clarifies Williams speech that market took as signal of a rate cut
New York Federal Reserve President John Williams was drawing from academic research when he said central bankers need to “act quickly” as economic growth slows, a representative for the central bank says.
The spokesperson says those comments were “not about potential policy actions.”
https://www.cnbc.com/2019/07/18/fed-...-rate-cut.html
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Mr Williams must have gotten investors hopes up...
https://www.marketwatch.com/story/sp...wsviewer_clickS&P 500 turns negative after report indicates a 25 basis point cut at July Fed meeting
Current Fed Funds Rate probabilities for July 31 Fed Meeting...
0.50% cut - 77.5%
0.25% - 22.5%
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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