The Fed Cut The Interest Rate To Bail Out The Treasury – OpEd

The Fed Cut The Interest Rate To Bail Out The Treasury – OpEd

Eurasia Review

Published

By Daniel Lacalle

TheFederal Reservedecided to cut rates by 50 basis points despite whatChairman Powellconsiders “no risk of a recession or downturn,” a “solid economy,” and a “strong job market.”

After ignoring the impact of monetary aggregates and the warning signs of inflation, the Federal Reserve has...

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