Tue, 30 July 2019
Right now the Feds are in a no-win situation. Leaving rates where they are is risky and Powell would be to blame for any signs of a recession. Alternatively, if they follow the data and were considering lowering rates anyway it will look as if the Feds have caved to Trump’s pressure. What should we do in an economy where we don’t want a strong dollar right now? Other topics include:
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