Monday, September 23, 2019

AMERICAN ECONOMY - The Fed Acts Again

"What Fed’s 2nd interest rate cut in 3 months says about the U.S. economy" PBS NewsHour 9/18/2019

Excerpt

SUMMARY:  The Federal Reserve has cut interest rates for the second time in three months in a bid to keep the U.S. economy growing.  What indicators are driving the recent rate reductions, and what is the larger influence of economists on U.S. fiscal and monetary policy?  Judy Woodruff sits down with Binyamin Appelbaum of The New York Times, author of “The Economists’ Hour,” to discuss growth vs. inequality.



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