The US Federal Reserve cut interest rates on July 31, 2019. This was the first rate cut since the 2007-08 financial crisis. In the latter part of 2019, with inflation at bay, the Federal Reserve has changed its stance from…
Tag: Europe
US Economy, Federal Reserve, And Interest Rates
On September 18, 2019, the Federal Reserve decided to cut the interest rate by 0.25%. This has been the second rate cut of the year. Let me illustrate what is going on with an analogy. You can think of this…
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