Connect with us


Housing Highlights the Promises—and Limits—of the Fed’s ‘Insurance’ Rate Cuts



Photo of Jerome Powell
Share with friends


When Federal Reserve officials started cutting interest rates over the summer, they framed the moves as akin to taking out insurance for the economy—steps aimed at providing some support at a time of rising risks.
The policy makers are likely to approve a third consecutive rate reduction at their meeting this week to provide a bit more protection. They also will consider whether to signal a timeout on additional cuts in part because of the improvements they have seen so far.

Read More →

Continue Reading
Advertisement GVwire