WallStForMainSt: Powell Fed Calls Trump's Bluff? No Rate Cuts Until July?
Jason talks about Wednesday's Fed meeting and how the Fed decided not to cut rates.
The Fed May Give Trump His Rate Cut. The Question Is When.
https://www.nytimes.com/2019/06/19/business/fed-interest-rates.html
Analysis of today's Fed Decision:
1) Dovish Fed Sparks Safe-Haven Scramble For Bonds & Bullion As Traders Dump Dollar (Fed dot plots for 2020 here in article) https://www.zerohedge.com/news/2019-06-19/dovish-fed-sparks-safe-haven-scramble-bonds-bullion-traders-dump-dollar
2) Dollar, Bond Yields, & Bank Stocks Tumble After 'Dovish' Fed Statement https://www.zerohedge.com/news/2019-06-19/dollar-bond-yields-bank-stocks-tumble-after-dovish-fed-statement
3) Fed Hints At July Cut As Expected, Drops "Patient" Language, Says "Outlook Uncertainty" Has Increased https://www.zerohedge.com/news/2019-06-19/fed-hints-july-cut-expected-drops-patient-language-signals-downside-risks
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