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Mark Sobel on Fed cuts, On the road to a US-German trade war, Islamic finance growth and more
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Mark Sobel on Fed cuts, On the road to a US-German trade war, Islamic finance growth and more
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29 July-2 August 2019, Vol.10 Ed.31
Most-Read Commentary
Deciphering FOMC rate-cut rationale: Financial market participants mainly expect a 25 basis point cut in the fed funds rate at the end-July FOMC meeting.
But the subsequent outlook for further cuts beyond July is clouded. Some expect another two or even three rate cuts.
However, the economic case is unclear, writes Mark Sobel.