[PODCAST] EU Open Rundown 19th September 2019
19 Sep 2019, 07:09 by Newsquawk Desk
- Fed cut rates by 25bps for a 2nd consecutive meeting as expected with three dissenters; Rosengren and George voted for no change again, Bullard voted for a 50bps cut
- Dot plots showed a median view for a pause through to next year which left a hawkish aftertaste amongst US asset classes
- BoJ maintained all policy settings as expected and forward guidance to keep current extremely low rates for extended period at least through Spring 2020
- Brazil Central Bank cut the Selic Rate by 50bps to 5.50% as expected
- Hong Kong Monetary Authority lowered its base rate by 25bps to 2.25% as expected in lockstep with the Fed