It’s the week investors have been talking about for, well, weeks now. This Wednesday, the Federal Reserve is expected to announce if they will reduce interest rates, and by how much.
The debate is pretty much over whether the Fed will reduce. The expectation is they WILL reduce rates, the question is by how much? If they really think they need to goose the economy – oops, I mean if they think inflation is too low or the trade war has hurt the economy, or whatever the excuse is – they may reduce rates by 50 basis points. Otherwise, expect a rate reduction of 25 points, or 0.25 percent.
This may have a… Continue reading at ETFDailyNews.com