Reported 22 days ago
In a recent discussion, Wall Street Journal Chief Economics Commentator Greg Ip expressed concerns about the Federal Reserve's potential 25 basis point interest rate cut, suggesting that a larger half-point cut may be more appropriate given current economic conditions. With inflation cooling and the existing high rates tailored for a different economic environment, a quarter-point cut could pose risks, especially regarding the labor market, potentially leaving the Fed with limited options if economic data turns weak.
Source: YAHOO