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Powell’s messaging on interest rates will be carefully crafted

Posted by John Bergin on October 30, 2019

The market is expecting the Federal Reserve to make another quarter-percentage-point rate cut during its meeting this week, but it is is less clear what signals the Fed will send about future policy decisions. Fed Chair Jerome Powell will likely seek to develop a message that avoids market backlash without suggesting that there definitely will or won’t be additional rate cuts.

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