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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
https://www.wsj.com/economy/central-banking/interest-rates-are-too-high-the-fed-should-cut-by-a-half-point-e7855ea8
FT Op-Ed (15 Sep): Jay Powell’s rate cut conundrum; with inflation down and the jobs market cooling, the economics points to 50bps
https://www.ft.com/content/e125eeba-325c-40a1-a59b-831f17c4a9ae?desktop=true&segmentId=d8d3e364-5197-20eb-17cf-2437841d178a#myft:notification:instant-email:content

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