The Fed cut interest rates at the conclusion of its meeting on 18 September 2019, lowering the Federal Funds rate by 25bp to a range of 1.75% to 2.00%. This reduction in the Fed Funds rate was widely anticipated by markets and follows a 25bp rate cut in July. What was striking about the information transmitted following the meeting is that the Fed is willing to be less clear … [Read more...] about The Federal Reserve Cuts Interest Rates and Embraces Less Clarity