The Fed Is Running Out of Bullets and There Is Nothing It Can Do About It

By Rod_cfa | The Disciplined Speculator | 24 Sep 2019

Last week, Federal Reserve policy makers lowered the federal funds rate for a second time this year by 0.25 percent to a range from 1.75 percent to 2 percent due to “weakness in global growth and trade policy”; however, it failed to make clear plans to cut rates again.

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