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Fed divided ahead of key meeting, Capital Structure Forum 2019
Wednesday 18 September 2019 – Vol.10 Ed.38.2
Commentary: Fed divided ahead of key meeting
By Mark Sobel in Washington
The Federal Open Market Committee meeting on 18 September will probably result in a 25 basis point cut in the federal funds rate. The relevant question is what the Federal Reserve signals about the rate outlook beyond this month. Market participants, seeking validation, will focus on the FOMC statement. Uppermost on their minds is whether there will be a hawkish or dovish cut, or whether Fed Chair Jerome Powell will maintain optionality. It is difficult to predict. The tug of conflicting forces is strong and the FOMC seems divided.
Read the full commentary on the website.
Partner meeting: Capital Structure Forum 2019
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20-21 November, London
Private Debt Investor is organising the seventh annual Capital Structure Forum, which brings together industry leaders to share their knowledge on key trends affecting the private debt sector.
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