The Federal Reserve faced calls to lower interest rates urgently following a weaker jobs report in July, citing risk management and changing economic indicators. A proposed 1% cut to 4.25%-4.5% by year-end was suggested, regardless of whether the rise in unemployment signaled a recession or post-pandemic stabilization. Swift action was deemed essential to avoid potential economic downturns. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
