Tag: Analysis

Home » Analysis
EY Senior Economist: 'Stage Is Set' For Rate Cuts
Post

EY Senior Economist: ‘Stage Is Set’ For Rate Cuts

A senior economist expects multiple cuts in the federal funds rate (the rate banks pay that ripple out to consumer interest rates on everything from credit cards to mortgages) before the year ends. On Wednesday, the Federal Reserve released meeting minutes for the Federal Open Market Committee meeting held on July 30 and July 31....