Fed Cuts. Is a Recession on the Way? It Depends…
The Fed cuts rates, as the market expected. But the bigger story isn't what this means for the prospects of a recession, it's still all about inflation...
That’s the funny thing about markets.
When things happen as the market expects…
The market exhales a big yawn.
The market expected the US Federal Reserve to cut interest rates by 0.5 percentage points.
So, the market yawned.
The key point now, is not whether the Fed will cut interest rates again — it will.
It’s what it means for the economy and whether the US…
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