The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.
's news conference that central bankers: "Fail Again. No 'guts,' no sense, no vision!" The Fed's cut brought the target rate range down to 1.75% to 2%. The central bank also redcued by 30-basis-points the interest paid on so-called excess reserves.
Going forward "we are going to be highly data-dependent" in deciding on further rate moves, Powell added.The Hapag-Lloyd AG Leverkusen Express sails out of the Yangshan Deepwater Port, operated by Shanghai International Port Group Co. , in this aerial photograph taken in Shanghai, China, on Wednesday, Aug. 7, 2019.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
5 things to know before the stock market opens TuesdayDamage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.
Consulte Mais informação »
5 things to know before the stock market opens WednesdayU.S. stock futures point to a modestly lower Wednesday morning open on Wall Street ahead of what the markets in the afternoon expect to be the Fed's second interest rate cut this year.
Consulte Mais informação »
US futures point to slightly lower openU.S. stocks were set to open slightly lower Thursday morning.
Consulte Mais informação »
10 things you need to know before the opening bellThis is what traders are talking about.
Consulte Mais informação »
10 things you need to know before the opening bellThis is what traders are talking about.
Consulte Mais informação »
Latest News - MarketWatchGet the latest stock market, financial and business news from MarketWatch.
Consulte Mais informação »