The Fed 50 bps cut and where to project the markets from here
So the Fed caved to the fears around the Coronavirus and cut rates by 50 bps this morning. Ed Moya, Senior Market Analyst at OANDA kicks off the discussion today about the rate cut. We address the Fed statement and market reactions so far today. This will be an ongoing discussion so stay tuned throughout the day.
Click here to visit the OANDA website and follow along with what Ed is writing.