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Published: 19 Sep 2019, 06:09 UTC
Newsquawk Desk

[PODCAST] EU Open Rundown 19th September 2019

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  • 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