Wednesday, July 31, 2019

Fed cuts rates, signals it may not need to do more

Fed cuts rates, signals it may not need to do more Fed Chairman Powell cited global weakness, simmering trade tensions and a desire to boost too-low inflation in explaining the central bank#39;s decision to lower borrowing costs

from Moneycontrol Business News https://ift.tt/2GF16xf

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Bitcoin stays near $64K, Ethereum underperforms as weak risk appetite keeps crypto markets under pressure

Bitcoin traded near $64,000 and Ethereum underperformed as risk appetite weakened. The global crypto market capitalization edged down 2% to ...