At the Friday close the market consensus was that the Federal Reserve would cut short-term interest rates by 50 – 75 basis points in 2019, with another 25 basis point cut in 2020. We think this is nuts..…
At the Friday close the market consensus was that the Federal Reserve would cut short-term interest rates by 50 – 75 basis points in 2019, with another 25 basis point cut in 2020. We think this is nuts..…
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