A Fed Interest Rate Cut Is Imminent. Why? And What's Next?
- 5 years ago
The US Federal Reserve is expected to lower borrowing costs this week for the first time since the depths of the Great Recession.
It could inaugurate a series of quarter-percentage-point interest rate cuts that could stretch deep into next year.
Or, Reuters reports it could be something more limited. It's a difficult decision facing Fed policy makers.
Why? There's No clear consensus from Fed officials about why they need to cut rates in the first place.
The U.S.
It could inaugurate a series of quarter-percentage-point interest rate cuts that could stretch deep into next year.
Or, Reuters reports it could be something more limited. It's a difficult decision facing Fed policy makers.
Why? There's No clear consensus from Fed officials about why they need to cut rates in the first place.
The U.S.