There They Go Again: Fed Cuts Rates When It Shouldn’t Have
by D.J. McGuire Well, they didn’t listen to me – or at least most of them didn’t. Beset by admittedly strong recession concerns but unable to acknowledge loose monetary policy won’t solve the problem, the Federal Reserve Open Market Committee reduced its interest rate again, less than two months after the previous cut (CNBC): Following...
Post to Tumblr