As Stock Markets Tumble, Traders Wonder if the Fed Could Make an Emergency Rate Cut
The Federal Reserve only cuts rates outside of scheduled meetings in extreme cases. Some investors think this could merit an emergency move, though others doubt it. [Source]
Publication Date:Origin: nytimes.com
Category: United States Economy
Topics: doubt, though, emergency, merit, could, think, investors, cases, extreme, meetings, scheduled, outside, rates, Reserve, Federal, Emergency, Could, Wonder, Traders, Tumble, Markets, Stock
Source: https://www.nytimes.com/2024/08/05/business/stock-market-fed-rate-cut.html