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rate cut

The Fed’s Unnecessary Rate Cut

By | Finance & Markets | No Comments
If there is something that is evident is that the United States does not need a rate cut.

With the economy growing at 2.1%, unemployment at 3.6%, creating 170,000 jobs per month, and estimated underlying core inflation of 2%, no objective data justifies cutting rates that are already artificially low. Wages are rising by 3% and credit growth for companies and families is solid. Read More