Fed Cuts Rates by 0.50%: Are We in Trouble?
https://www.youtube.com/watch?v=aLHMctZ4S5gI watched today’s Fed conference. The Fed decreased interest rates by 50 basis points. I was expecting a cut, but I thought they would reduce the rates by only 25 basis points. Some thoughts I gathered from J. Powell’s speech and the Q&A session afterward: Powell emphasized more than once that the economy is strong, […]