Edwards: Aggressive Change in Tone From the Fed

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Bloomberg Daybreak Europe

Business


Markets are now looking at pricing in three or four interest rate cuts by The Federal Reserve by the end of 2020 says Alex Edwards, currency analyst at OFX. He told Daybreak Europe's Caroline Hepker that it's an aggressive move and a change of tone. He also discussed worrying signs including the trade tensions, Trump's tweets and the inverted yield curve.