To cut or not to cut? Powell’s power-play – Live


The Federal Reserve is set to cut interest rates for the third time but signal that it will refrain from further action in December. The “hawkish cut” is the primary scenario for the all-important central bank decision. Fed Chair Jerome Powell will address the press after the event. While inflation has picked up, employment has softened and growth has also moderated. The bank has to consider competing considerations and financial markets as well.

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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