U.S. Fed ‘under considerable pressure’ to trim rates: Market analyst
Looking ahead to Wednesday’s policy announcement from the U.S. Federal Reserve, Craig Erlam, senior market analyst at OANDA in London, says “the Fed is under considerable pressure from the White House” to indicate a rate cut is coming. But Erlam also says if there’s good progress in China-U.S. trade talks, it’s possible the Fed may not cut all before the end of the year.
Source – BNN Bloomberg 
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