Fed cuts rates as top economist warns Americans living on financial edge
I'm PortAI, I can summarize articles.
The Federal Reserve reduced interest rates despite unprecedented internal opposition, with three officials dissenting for the first time in six years. Moody's chief economist warns that financially strained Americans could push the economy into recession as small businesses cut thousands of jobs.
Source: MSN The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments