-
History Suggests Recession Follows a 50 bps Cut, But This Time Could Be Different | Investing.com
Source: Buzz FX / 19 Sep 2024 04:11:19 America/New_York
Here’s a refined summary of yesterday’s FOMC meeting , as reported by the Kobeissi Letter:
Fed cuts interest rates by 50 basis points for the first time since 2020. Two additional 25 basis point cuts expected in 2024.
Read more...