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Paul Kitney of Daiwa Capital on Fed rate cut

Paul Kitney of Daiwa Capital on Fed rate cut

The US Federal Reserve has left its lending rates unchanged at 2.25-2.5 percent. The fed statement was dovish primarily on inflation and neutral on growth. The Federal Open Market Committee (FOMC) maintained its stance on economic outlook as moderate while jobs market remained solid.


User: CNBC-TV18

Views: 10

Uploaded: 2019-06-20

Duration: 05:11

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