While global market players and the US Federal Reserve expect a halt in the FOMC rate-hike trajectory during 2019, the US President Donald Trump’s nominee for the Federal Reserve Board of Governors suggests an immediate Fed rate cut by 50 basis points (BPC). The New York Times recently came out with an interview report of Stephen Moore who is Mr. Turmp’s pick for Fed Governor. Moore criticized Fed Chair Powell recently and was against the Fed’s rate hikes of September and December 2018. The report said that “Mr. Moore said Tuesday that he regretted his remarks about Mr. Powell, but defended his view that the Fed was wrong to raise interest rates in September and December. He said the Fed should immediately reverse course and cut rates by half a percentage point.” 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 NEO/USD price analysis: Price goes down by 1.7% this Tuesday FX Street 4 years While global market players and the US Federal Reserve expect a halt in the FOMC rate-hike trajectory during 2019, the US President Donald Trump's nominee for the Federal Reserve Board of Governors suggests an immediate Fed rate cut by 50 basis points (BPC). The New York Times recently came out with an interview report of Stephen Moore who is Mr. Turmp's pick for Fed Governor. Moore criticized Fed Chair Powell recently and was against the Fed's rate hikes of September and December 2018. The report said that "Mr. Moore said Tuesday that he regretted his remarks about Mr. Powell,… 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.
