🚨 Senators send letter to Powell asking for 0.75% interest rate cut this week.
PS: That wouldn't be bullish.
👉 An overly aggressive rate cut could provide short-term stimulus to the economy, but long-term risks include runaway inflation, financial instability, and weakening of banking and financial systems.
PS: That wouldn't be bullish.
👉 An overly aggressive rate cut could provide short-term stimulus to the economy, but long-term risks include runaway inflation, financial instability, and weakening of banking and financial systems.
3 months ago