Commentary: Fed to signal imminent rate cuts
By James Knightley in London
Concerns about the implications of President Donald Trump’s willingness to use trade tariffs in disputes mean downside risks to US growth are building. Faced with such uncertainty and the higher costs and weaker profit outlook it generates, many firms may act more cautiously. Any subsequent slowdown in investment and hiring could lead to lower consumer spending and raise the threat of an economic downturn. On Wednesday analysts can expect the Federal Reserve to signal that precautionary rate cuts are imminent.
Read the full commentary on the website.
Friday 5 July, London, 09:00 BST
Oonagh McDonald, an international financial regulatory expert, author and former Labour party politician, will discuss the London interbank offered rate, foreign exchange, gold and silver price fixing scandals. She will outline why benchmarks should be reformed in the face of rapid technological changes, and discuss recommendations for regulatory reforms to improve the security of the financial services industry.
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