Reported 24 days ago
The article argues that the Federal Reserve should reduce interest rates by a half point due to falling inflation and a cooling labor market. It notes that current rates are at their highest since 2001, while key inflation indicators are now below 3%. With unemployment increasing and economic signs stabilizing, a significant cut is warranted to prevent unnecessary recessionary risks. Delaying action may lead to more drastic measures later, impacting economic stability.
Source: YAHOO