While most expect the Fed to reduce interest rates following a meeting of the bank's governors today, 15 May, recent data indicating strength in the US economy has some analysts wondering if the Fed might keep a cut to just 0.25% rather than a more aggressive 0.5%.
"At least one more aggressive rate cut would not be unreasonable at this time," said Ken Matheny,
- Podcast: San Fran Fed’s Daly on gender inequality in central banks
- Malaysian central bank sends details of own land deal to anti-corruption body
- Strike halts Australian banknote production
- EBA and ECB hit out at capital hurdles to banking union
- Turkish central bank carries out emergency rate hike as currency falls