Bulls benched ahead of Fed & BoJ’s rate play

While the American central bank is expected to cut interest rates by 25 basis points, the near-term market trend will depend on the commentary by Fed chair Jerome Powell on the direction of the rates. While the American central bank is expected to cut interest rates by 25 basis points, the near-term market trend will depend on the commentary by Fed chair Jerome Powell on the direction of the rates.  Economic Times