New York Stock Exchange will start. Edward of course with you, youre the man of the hour. I guess jay powell is. Take us through the day. Reporter heard what he said there, 25 basis point cut to the federal fund rate. There was very divided fed we saw here. Very divided committee on the fed funds rate. There were three dissents. The last time there were three dissents in the opposite directions, december 2014, five years ago. We had st. Louis fed president jim bullard who believed there should be a 50 basis point cut today. There was esther george, kansas city Federal Reserve president and Federal Reserve president of boston Eric Rosengren believed there not be a cut at all. The Federal Reserve is not forecasting recession as we go forward. Theyre not forecast anymore rate cuts this year however chairman Jerome Powell pushed back on that a little bit, that theyre watching the data coming in. Things may shift related to that, looking at volatility and uncertainty out there. Listen. What
South west | Property and Real Estate | Daily Telegraph
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South west | Property and Real Estate | Daily Telegraph
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Inner west | Property and Real Estate | Daily Telegraph
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