This is what traders are talking about.
Here is what you need to know. The Fed is open to cutting rates."We are closely monitoring the implications of these developments for the US economic outlook and, as always, we will act as appropriate to sustain the expansion," Fed Chairman Jerome Powell said of trade negotiations. The global economy is on track to grow at its slowest pace in 3 years. The global economy is expected to grow at 2.6% this year, its weakest since 2016, the World Bank said in a new report out Wednesday.
Here is what you need to know. The Fed is open to cutting rates."We are closely monitoring the implications of these developments for the US economic outlook and, as always, we will act as appropriate to sustain the expansion," Fed Chairman Jerome Powell said of trade negotiations. The global economy is on track to grow at its slowest pace in 3 years. The global economy is expected to grow at 2.6% this year, its weakest since 2016, the World Bank said in a new report out Wednesday.
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