Did the Fed make a mistake holding rates in July?
Experts warn Fed not to signal “panic” but to be ready to act aggressively if needed
Recent global market volatility and signs of a weakening US labour market have prompted many economists to question the Federal Reserve’s strategy of keeping rates on hold.
After the shock to markets on August 2 and 5, the general consensus quickly became that the Fed will cut rates at its upcoming Federal Open Market Committee (FOMC) meeting in September.
The question is, how aggressively. Experts Central Banking spoke to disagree on whether the US is facing recessionary risks, whether the Fed
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