OctaFX | OctaFX Forex Broker
Open trading account
Back

US: Fed call changed to a 100bps rate cut – Standard Chartered

Strategists at Standard Chartered Bank have changed their Fed call and are now expecting a bigger rate cut at the next FOMC meeting on 18 March. 

Key quotes 

“We now expect a 100bps cut at the March FOMC (versus our previous call of 25bps). We are sceptical that such deep rate cuts are necessary or sufficient as a policy response, but we doubt that the Fed will risk under-delivering.”

“We suspect that along with conventional monetary easing, the FOMC will sketch out policies aimed specifically at providing a credit buffer to the private sector.” 

 

Riksbank's Ingves: Can do currency intervention, rate cut if we think suitable measure

Sweden's central bank, Riksbank, noted that it's hard to say how big or long-lasting the consequences of the coronavirus outbreak will be on the econo
Read more Previous

Copper Futures: There is still scope for a rebound

Open interest in Copper futures extended the downtrend on Thursday and shrunk by nearly 1.4K contracts, as per preliminary prints from CME Group. In a
Read more Next
Start livechat