2019年8月1日星期四

Interest Rate Cut? ✂️

The Top Reasons For and Against an Interest Rate Cut

The Federal Reserve hasn't cut interest rates in nearly a decade.

But that may change, as early as today with the central bank expected to cut a quarter point. They've cited four key reasons for doing so.

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One, they're concerned that weaker global growth and trade war uncertainty are beginning to damage business investment, which could impact hiring and consumer spending. Two, they're concerned that inflation may have cooled this year.

And three, officials have said they are cutting to act pre-emptively against a downturn. Continue reading here.

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