Dagelijkse update over de markten vanuit KBL European Private Bankers (Engels)

InsingerGilissen, 11 JUL 2019

Better safe than sorry is the meaning of Fed chair Powell’s statement that ‘an ounce of precaution is worth more than a pound of cure’. By saying those words he cemented, in the minds of investors, a July rate cut. Even if he recognized that the recent jobs data were good, the fact that globally there is still a lot of economic uncertainty and that domestic inflation levels remain below the 2% target, plead for an easier monetary stance. That about sums it up.

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