The U.S. Economy Is Great But Fed Most Likely Will Cut Rates
July 24, 2019
“The Fed, whose policymakers meet next week to set interest rates, lacks a pressing domestic case to clip borrowing costs: The jobless rate was close to a five-decade low at 3.7% in June, consumer spending is buoyant and the overall expansion just became the longest on record. Yet the central bank is almost certainly going to deliver a rate cut – as recently as last week, there was even chatter of two…”