Economics
Here’s What Happened in World Economy’s Biggest Week of 2019
- Weekly take on events in the world economy and their impact
- Fed’s expected quarter-point cut decision couldn’t please all
Jerome Powell, chairman of the U.S. Federal Reserve.
Photographer: Bloomberg
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All eyes were on the Federal Reserve’s show in this blockbuster week, yet while he delivered the widely-anticipated cut to interest rates Chairman Jerome Powell still disappointed investors hoping he would signal more aggressive easing to come.