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3 Point Analysis | US Fed Cuts Rates By 25 bps

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3 Point Analysis | US Fed Cuts Rates By 25 bps

M
Moneycontrol

1 Views • Oct 31, 2019

Description

The Federal Reserve has opted for a third consecutive 25 bps policy rate cut in a series of rate adjustments popularly compared to former chairman Alan Greenspan’s attempt to calibrate US economic growth in the 1990s. The funds rate range now reads 1.5-1.75 percent.
Sakshi Batra does a 3 point analysis of what the rate action indicates and what's the outlook going forward

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