Media

U.S. Fed's Rate Cut in 2019 is Done mid Less Global Uncertainties

[fa icon="calendar"] Oct 31, 2019, 5:47:57 PM / by Jimmy Zhu

The US Federal Reserve, in a hawkish move, announced a pause in rate cuts in its overnight policy meeting. Surprisingly, the dollar slumped while US stocks gained.
In his exclusive CGTN report, Chief Strategist Jimmy Zhu explains reasons behind the weakening dollar and why a fourth rate cut in near term isn’t justified


Topics: Media Updates, 2019



Author: Jimmy Zhu

Jimmy Zhu