The Fed Missed The Moment. Again.
The Federal Reserve got it wrong again. By refusing to cut rates yesterday, the Fed showed that it is still fighting yesterday’s inflation while ignoring today’s economy. The Federal Open Market Committee left its target range unchanged at 3.5% to 3.75%. It also didn’t change the rate it pays on nearly $3 trillion of bank ...
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.