Traders Wonder if the Fed Could Make an Emergency Rate Cut as Markets Tumble
Briefly

As stock indexes slumped worldwide, investors anticipate sharp interest rate cuts by the Fed in response to economic uncertainties and weak data releases, particularly a rise in joblessness leading to concerns of a future recession.
Concerns arise that Fed policymakers may have kept interest rates high for too long, potentially stifling demand, leading to a labor market slowdown and broader economic repercussions, prompting expectations for significant rate cuts in upcoming months.
Read at www.nytimes.com
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