Analyst expects US Fed to hold after second consecutive interest rate cut #CNA

Analyst expects US Fed to hold after second consecutive interest rate cut
The United States Federal Reserve on Wednesday (Oct 29) approved its second consecutive interest rate cut, but Chair Jerome Powell cast doubt on the possibility of another reduction in December. Steven Blitz, chief US economist at consultancy TS Lombard, tells CNA’s Asia First that policymakers are likely to hold steady.

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