Federal Reserve Bank of Minneapolis President Neel Kashkari said recession risks have risen “quite a bit” and the central bank should be ready to cut interest rates again to protect the U.S. economy.
Danielle DiMartino Booth discusses the Fed, yield curve inversion and why a 25 basis point rate cut won't stimulate the economy. Aaron Weitzman and Gary Siegel host.
The latest Summary of Economic Projections, and statements by Federal Reserve officials, show a nearly even split between those favoring a rate cut and those opposed.
Mickey Levy, Berenberg Capital Markets Chief Economist U.S., Americas and Asia, discusses why the Fed rate cut will not stimulate the economy, and its unhealthy relationship with the financial markets. Gary Siegel hosts.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
