Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind

Powell is only one vote on the FOMC. Last months meeting was the first time that the FOMC vote wasn’t unanimous since Powell took office. There is no guarantee that Powell has the four other votes to push the reduction through.


27 posted on 07/11/2019 10:33:33 AM PDT by DoodleDawg
[ Post Reply | Private Reply | To 1 | View Replies ]


To: DoodleDawg

The market is predicting at the 100% level that there will be a rate cut at the next meeting:

https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html


30 posted on 07/11/2019 10:40:43 AM PDT by Moonman62 (Charity comes from wealth.)
[ Post Reply | Private Reply | To 27 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson