Central bank hands hover over easing switch

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Central bank hands hover over easing switch

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(190619) -- WASHINGTON , June 19, 2019 (Xinhua) -- U.S. Federal Reserve Chairman Jerome Powell reacts at a press conference in Washington D.C., the United States, on June 19, 2019. The U.S. Federal Reserve on Wednesday left interest rates unchanged as officials weighed mixed signals on the health of the U.S. economy and the impact of trade tensions. (Xinhua/Ting Shen) | Ting Shen/Xinhua News Agency/PA Images

A big week of central bank signalling has left analysts scrabbling to work out when and by how much the US Federal Reserve will cut rates this year, after Wednesday’s Federal Open Market Committee meeting opened the door for as much as a 50bp cut in July.

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