Fed divided ahead of key meeting, Capital Structure Forum 2019
Wednesday 18 September 2019 – Vol.10 Ed.38.2
Commentary: Fed divided ahead of key meeting
By Mark Sobel in Washington
The Federal Open Market Committee meeting on 18 September will probably result in a 25 basis point cut in the federal funds rate. The relevant question is what the Federal Reserve signals about the rate outlook beyond this month. Market participants, seeking validation, will focus on the FOMC statement. Uppermost on...