Attention Economy


Wednesday, July 31, 2019

The Fed Rate Cut Drama

Why the Fed May Cut Rates for the First Time Since the Financial Crisis
https://www.nytimes.com/interactive/2019/07/31/business/economy/why-fed-lower-rates
“Uncertainty around global growth and persistently low inflation are behind the expected move, because both pose major threats to the health of the economy at a time when the central bank has limited ammunition to fight off a downturn. It will be what’s called an “insurance cut” — one that central bankers are making to keep growth chugging along.”

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