Daily Briefing: - Boris Johnson challenges rival to commit to October 31 Brexit date - NATO'S defense ministers meet to discuss next steps if Moscow keeps a missile system - Denmark becomes third Nordic country to form leftist government this year
after Social Democratic leader Mette Frederiksen clinched terms for a one-party minority government.
Danes have become fed up with spending cuts by successive governments that have resulted in worsening welfare services and so many turned to Frederiksen, who campaigned notably for making businesses and the wealthy pay more through higher taxes. Finland and Sweden also picked Social Democrat-led governments earlier this year.A U.S. interest rate cut as soon as next month may be in the works, but it’s unlikely to be the aggressive 0.
– even though he clearly flagged concern about the weakening domestic and global economies and effectively signalled the Fed was considering an easing of policy. Disappointing U.S. consumer confidence and housing data on Tuesday reinforced that.earlier said he didn’t think the economy needed a 50 basis point cut as soon as next month, even though rates should be lowered by that amount by year-end.
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