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NewsBreak: Fed Cuts Interest Rates by Quarter Point

EconomySep 18, 2019 02:14PM ET
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© Reuters.

Investing.com - The Federal Open Market Committee lowered its benchmark interest rate by 25 basis points Wednesday.

  • The FOMC cut rates to a range of 1.75% to 2% from 2% to 2.25%. The vote was 7-3, with one FOMC member calling for a 50 bps cut and two others voting for no change.

  • The market had been pricing in more than a 70% chance the Fed would cut by a quarter point.

  • The S&P 500 fell 0.5%, compared with a 0.2% loss before the announcement.

NewsBreak: Fed Cuts Interest Rates by Quarter Point
 

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Peter Njeru
Peter Njeru Sep 18, 2019 3:45PM ET
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Any hope of Gold going beyond 1480
Pwr Strk
Pwr Strk Sep 18, 2019 3:45PM ET
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you have to mention the direction, up or down?
Erski Gumby
SB20 Sep 18, 2019 3:45PM ET
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Pwr StrkIn the US, beyond usually means over.
BIG ED
BIG ED Sep 18, 2019 2:32PM ET
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is silver going up?
Anonymous Vendetta
Anonymous Vendetta Sep 18, 2019 2:20PM ET
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no cut. fake news. dont spread if it not true
Amehin Samuel
Amehin Samuel Sep 18, 2019 2:16PM ET
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I'm new to forex trading and I'm happy I can get help from good people on here.
dibyaranjan nayak
dibyaranjan nayak Sep 18, 2019 2:15PM ET
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is it positive for market?
dibyaranjan nayak
dibyaranjan nayak Sep 18, 2019 2:14PM ET
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is it good for market?
Pwr Strk
Pwr Strk Sep 18, 2019 2:14PM ET
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already digested
Bo TR
Bo TR Sep 18, 2019 2:14PM ET
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cut rate won't help. trade agreement with china will do.
Mart Bab
Rubberduck1973 Sep 18, 2019 2:13PM ET
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Plung protection team hard @ work
Morad Hossain
Morad Hossain Sep 18, 2019 2:13PM ET
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NZDUSD will up or down?
Me comment
Me comment Sep 18, 2019 2:13PM ET
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Fed caves to the political pressure so much for being independent.
John Wim
John Wim Sep 18, 2019 2:11PM ET
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Jerome will get a spanking from Trump.
Erski Gumby
SB20 Sep 18, 2019 2:11PM ET
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And he’ll like it.
Amehin Samuel
Amehin Samuel Sep 18, 2019 2:11PM ET
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This will surely affect Dow in some way
Derek Klardie
Derek Klardie Sep 18, 2019 2:09PM ET
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Trump's economy is so great that they have to keep lowering interest rates. What a flipping joke 2% interest the greatest economy ever
JESUSLOVES YOU
JESUSLOVES YOU Sep 18, 2019 2:09PM ET
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so that means the market is or will drop??
nick bryson
nick bryson Sep 18, 2019 2:09PM ET
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it will drop for a few days then come back up. the market has been flat lining between 2850 and 3000 for months now. the rate cut will encourage stagnation
Vishal Bhosekar
Vishal Bhosekar Sep 18, 2019 2:09PM ET
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market is like women always excited always uncertain, always volitile... if you predict it always turn on the opposite side..
Manoj Kumar
Manoj Kumar Sep 18, 2019 2:08PM ET
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what is the effect for bullion ....due to this interest rate
Antonio Kundurakis
Antonio Kundurakis Sep 18, 2019 2:07PM ET
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Market meltdown if they cut only 25 basis, atleast 50 market wants
Apix Adnan
Apix Adnan Sep 18, 2019 2:07PM ET
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Usd strong?
Andrew carson
Andrew carson Sep 18, 2019 2:06PM ET
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And will keep cutting till zero.
Amehin Samuel
Amehin Samuel Sep 18, 2019 2:05PM ET
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Does this mean XAU/USD will rise?
Farid Fadzel
Farid Fadzel Sep 18, 2019 2:05PM ET
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Wait
Amehin Samuel
Amehin Samuel Sep 18, 2019 2:05PM ET
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Okay
Faizal Abraham
Faizal Abraham Sep 18, 2019 2:05PM ET
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buy at 1495
Amehin Samuel
Amehin Samuel Sep 18, 2019 2:05PM ET
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