Fed Rate Cut: Why A 25Bps Cut Is “Pretty Straightforward”

Quick Summary:

Former Cleveland Fed President Loretta Mester recently discussed a potential Fed rate cut at the November FOMC meeting.

She said that a 25 basis point (bps) cut seems pretty straightforward at this point and explained why.

It is worth mentioning that a Fed Rate cut decision will come just two days after the November 5 US presidential elections.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: IndiaMaliUnited States

Topics: Fed rate cut Federal Reserve Regulation News 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 14:51:27 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23365146

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 26 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions