Fed to Slow 2019 Rate Hikes As Downside Risks Mount, Poll Shows – GSR

Fed Expected to Leave Policy Unchanged

They expect the Fed will raise rates by a quarter percentage point at its Dec. 18-19 meeting while dialing back the number of moves next year to two, in March and September, from the three hikes economists saw in September. Median responses in the Dec. 7-11 poll also anticipate one additional hike in mid-2020 when the rate would peak in this tightening cycle at a target range of 3 per cent to 3.25 per cent.

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Fed to Slow 2019 Rate Hikes As Downside Risks Mount, Poll Shows – GSR via @goldsilverrepor

NSE sues SGX on its Nifty-Based India Futures, Options

NSE-SGX Arbitration Order Unlikely This Year

Gold Silver Reports (GSR) – NSE sues SGX on its Nifty-Based India Futures, Options — Indian exchanges had on 9 February decided to bar overseas exchanges from trading in Nifty derivatives, including futures and options, in an attempt to check migration of trades away from Indian exchanges. Two months later, on 11 April, SGX announced a new product which works just like the Nifty index, bypassing the Indian exchanges.        

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NSE sues SGX on its Nifty-Based India Futures, Options via @goldsilverrepor