MNI INTERVIEW:Low Inflation Ex-Tariffs Backs Fed Cuts-Haslag

article image
Aug-28 14:21By: Pedro Nicolaci da Costa
Federal Reserve

You are missing out on very valuable content.

Federal Reserve officials have room to reduce interest rates starting next month because inflation is already at or below target if not for the one-time tariff shock, but borrowing costs are just two or three quarter point cuts away from neutral so a...