Fed cuts rates by 50bps, market response subdued… for now
Chris Cammack September 19, 2024 03:37 PM
We can now expect a relatively rapid reduction in interest rates for all major currencies and a period of increased volatility.
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Chris Cammack is Head of Content at Schlossbrink and is responsible for ensuring our content across all sites meets the exacting standards of quality and clarity that our readers expect; this includes shaping our editorial guidelines to fit the ever-changing world of online Forex trading and ensuring all broker reviews adhere to our strict review process.
Chris joined the company in 2019 after 10 years’ experience in research, editorial and design for political and financial publications. This background has given him a deep knowledge of international financial markets and the geo-politics that affects them. With a keen eye for editing and a voracious appetite for financial and political current affairs, Chris bring a publisher’s sense of precision and accuracy to all the content we produce. Chris has been trading Forex CFDs since 2012 and has a preference for cTrader and ECN brokers; he has found the GBP/USD pair particularly fascinating over the last few years.
Chris Cammack September 19, 2024 03:37 PM
We can now expect a relatively rapid reduction in interest rates for all major currencies and a period of increased volatility.
Chris Cammack September 12, 2024 10:29 AM
Any significant volatility will come from the ECB’s forward guidance, with big question marks over further cuts in October and December.
Chris Cammack September 5, 2024 12:29 PM
The odds of a 50-bps rate cut on September 18th have risen. Uncertainty is the market’s worst nightmare; whatever the decision is, we will see serious volatility.
Chris Cammack August 29, 2024 01:14 PM
The golden rule here is never send money to anyone you meet online, whether through a direct transfer or via a “trading” website.
Chris Cammack August 22, 2024 02:05 PM
Recent developments have forced the USD lower as a September rate cut looks certain, but will the cut be 25bps or 50? And will Powell’s speech shed any light?