Monday, 16 September, 2024
Weekend Press on Fed 50…..
{US} Weekend Press on Fed 50…..
WSJ Op-Ed (15 Sep): Interest rates are too high. The Fed should cut by a half point; with rates so far from neutral and the labour market cooling, it’s better to start big
FT Op-Ed (15 Sep): Jay Powell’s rate cut conundrum; with inflation down and the jobs market cooling, the economics points to 50bps