A widely expected rate cut by the Fed would give China more breathing room in shoring up its slowing economy, analysts said.
Bloomberg - Are you a robot?
As Fed rate cut looms, HSBC favours China shares over India - Moneycontrol.com
Alexandria Ocasio-Cortez on Twitter: "“Ocasio-Cortez’s implication is that, by raising interest rates out of a fear of illusory inflation, the Fed may have needlessly hurt American workers.
Powell’s concession on that point is significant.”
Sven Henrich on Twitter: "Imagine the Fed promising rate cuts, but then the data says it shouldn't."
Catherine Rampell on Twitter: "Shelton recounting conversation with Kudlow about how the real benefit of joining the Fed is that you no longer have to be careful about what you say publicly (?) https://t.co/mAfCtohnqs… https://t.co/0TfGaztk2Q"
Mohamed A. El-Erian on Twitter: ".#FT’s front page
Fascinating how “Fed Put” perceptions have evolved.
Bernanke Put: Initially aimed at normalizing dysfunctional markets
Yellen Put: more to buy time for the economy
Powell Put: heightens risk of Fed held captive to ever-great market demands.
More on this tomorrow… https://t.co/xBwo8zpHMy"
Credit cards: How Fed rate cut may affect loans, mortgages, savings
BSP poised to cut rates to aid growth, keep in step with Fed: HSBC | ABS-CBN News