Weekly Focus – Fed Initiating the Easing Cycle with 50bp Cut

The main event this week was the monetary policy meeting in the US where markets prior to the meeting were historically divided between a 25bp and 50bp cut. The Federal Reserve chose to lower the policy rate by 50bp to a new target range of 4.75-5.00%. The larger move was motivated by a significant shift in […]

The post Weekly Focus – Fed Initiating the Easing Cycle with 50bp Cut appeared first on Action Forex.