BFM Podcast

The Fed Taking the World by Surprise

Tan KW
Publish date: Wed, 04 Mar 2020, 11:56 AM

Han Tan , Market Analyst, FXTM

04-Mar-20 07:00

The
 

 

The timing and the quantum of the 50 basis point cut by the Federal Reserve was a surprise to markets and significant in that Covid 19's impact on the US economy might be more negative than originally anticipated. Han Tan from FXTM breaks it down for us as to why the Fed had to move quickly whilst also commenting on oil prices and ringgit direction.

 

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