Jun 26, 2019 7:00:00 AM | LGT Navigator
LGT Navigator: Powell curbs rate cut expectations
US Federal Reserve Chairman Powell dampened expectations of a loosening of interest rates in the near future. In addition, the geopolitical uncertainties continue to keep the capital markets in suspense. While investors are hoping for a possible rapprochement in the trade dispute at the G20 summit, the Iran conflict overshadows the market sentiment.