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ENZL - Fed Meeting 30-31 July 2019 - What To Expect
iShares MSCI New Zealand Capped ETF
The Fed left interest rates unchanged at its last meeting on June 18/19, 2019. Recent Fedspeak points to a rate reduction this time around in recognition of falling economic indicators and damage from the Trump Trade War.
The start of a global trend in downwardly moving interest rates looks to be in progress as they have to move inversely to the ever-growing stock of private debt as has been the case in Japan since the early 1990s.
The Australians (EWA) and New Zealanders (ENZL) are leading the charge at the moment