US Federal Reserve cuts interest rates for second time in 2019
US Federal Reserve cuts interest rates for the second time in 2019
Trump calls for fed rate cut, says he's not ready to make a deal with China
President Donald Trump tells reporters at the White House the Federal Reserve should be cutting interest rates and that he's not ready to make a trade deal with China.
Fed Chairman Jerome Powell hints at rate cut
Federal Reserve Chairman Jerome Powell has hinted at a possible rate cut in his testimony to the House Financial Services Committee (HFSC), noting that it would be an appropriate move if the trade spat was slowing down the economy. Meanwhile, Nigeria’s equities market was down 0.2 per cent on Wednesday. Robert Omotunde, Head of Investment Research at Afrinvest Securities joins CNBC Africa for more.
Mohamed El-Erian on Fed Policy, Mexico Trade Tariffs
Mohamed El-Erian, chief economic adviser at Allianz, discusses the Federal Reserve's neutral rate and uncertainty from U.S. tariffs on Mexico.
Oil currencies to rebound if fed pauses, Credit Agricole says
Valentin Marinov, head of G-10 FX research at Credit Agricole discusses the price of oil, Federal Reserve policy and currency markets.
Payrolls report proves U.S. Economy still on top
American wages unexpectedly climbed in August by the most since the recession ended in 2009 and hiring rose by more than forecast, keeping the Federal Reserve on track to lift interest rates this month and making another hike in December more likely.