Despite Recession Risk, Fed May Not Meet Investor Rate Cut Demands This Month

Posted by Jimmy Zhu on Oct 7, 2019 4:08:21 PM

Volatility in the US capital market may soon return, with there still being a chance that the Fed will disappoint traders by not further cutting rates.

Despite bad economic data that was released last week, Fed Chief Jerome Powell shows little desire to fix it. Fullerton Markets' Chief Strategist Jimmy Zhu explains why the market will remain dissatisfied no matter what the Fed does this month.