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TMV - 3 Possible Paths For Fed Interest Rate Policy In 2020
Direxion Daily 20-Year Treasury Bear 3X
By Eric Winograd
The US Fed held rates steady in December and plans to continue that stance through 2020. But a lot can happen to change the Fed's mind-after all, it entered 2019 expecting to hike rates and ended up with three cuts. What does 2020 have in store?
The outlook is unusually cloudy. Geopolitical events like the US-China trade war could reignite, and the looming US elections, with every House seat, 35 Senate seats and the presidency on the ballot, could leave the US economy and financial markets on volatile ground.