By Christopher Romano — Dec 18 - 02:15 PM
Fed cut by 25bps as expected, longer run FF rate up to 3.0% from 2.9%
Fed policy makers see PCE & GDP higher than September's projections
Projections show stronger growth and inflation for 2025
Yields US2YT=RR rallied sharply and took the US$ with it
Stocks ESv1, gold XAU= dropped; USD/CNH rallied to 7.3120
EUR/USD hit a 1-month low, traded 1.04145on EBS, down -0.71%
November monthly low in focus; falling RSIs imply downward momentum
For more click on FXBUZ
Source:
London Stock Exchange Group | Thomson Reuters