Breakingviews TV: Over Fed

Watch: The Fed’s quarter-point rate cut generated little enthusiasm on Wall Street and in Washington. That may be because Chairman Jerome Powell declined to signal more easing is on the way, explains richardbeales1.

The U.S. central bank’s quarter-point rate cut generated little enthusiasm on Wall Street or in Washington. That may be because Chairman Jerome Powell declined to signal more easing is on the way, explains Richard Beales, which is appropriate given healthy economic data.

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