“This is a very dangerous part of the cycle, we're 10 years into an expansion and it seems clear that the Fed has overtightened. Unemployment is a lagging indicator. And negative interest rates can be found in many places. If the(Fed's) goal is to keep the expansion going, they need to be more aggressive. You have to think bigger than a so-called (and mislabeled) insurance rate cut.
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- Reuters 5 years ago
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