The US Federal Reserve will deliver the third and final 25 basis point rate cut of 2019 at the Oct. 30 meeting, according to Goldman Sachs’ analysts. The investment bank expects interest rates to remain below 2% through to the next year’s Presidential elections. As of writing, traders are pricing a 93.5% chance of the Fed is trimming interest rates by 25 basis points to 1.5% to 1.75% target range on Oct. 30, according to CME’s FedWatch tool. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CHF technical analysis: Bearish MACD questions upside beyond 21/200-day EMA FX Street 3 years The US Federal Reserve will deliver the third and final 25 basis point rate cut of 2019 at the Oct. 30 meeting, according to Goldman Sachs' analysts. The investment bank expects interest rates to remain below 2% through to the next year's Presidential elections. As of writing, traders are pricing a 93.5% chance of the Fed is trimming interest rates by 25 basis points to 1.5% to 1.75% target range on Oct. 30, according to CME's FedWatch tool. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
