The U.S. Federal Reserve is stuck between an apparently booming economy and a financial crisis that might be right around the corner. That’s why its decision to cut interest rates by another quarter point on Oct. 30 – its third reduction in as many months – seems so odd. Lowering...
As Europe Eyes Economic Stimulus, Trump Says Why Not US?
FRANKFURT, Germany — The European Central Bank appears to be preparing a new shot of stimulus to prop up the economy, amid broader questions about whether central banks like the ECB and the U.S. Federal Reserve can re-energize global growth on their own. Analysts say the bank is likely to...