Federal Reserve Lowers Rates to Stave Off Looming Recession, Will it Work?

Federal Reserve Lowers Rates to Stave Off Looming Recession, Will it Work?

0 0 hace un mes
In an attempt to keep the economy from faltering, the US Federal Reserve lowered interest rates Wednesday from 2.25% to just below 2%. While US President Donald Trump has called for the Fed to cut rates, the reduction is much more modest than he might have liked, emphasizing the gap between how the Fed and the White House view the American economy as the 2020 elections loom. Is this effort to keep the economy strong being made because of the projections of a recession and the data that continue ... Más informaciones

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