Categories: Economy

Bloomberg Businessweek’s Daily Newsletter: Navigating the Strong Economy and Interest Rate Cuts in 2019

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In February, the economy was booming, inflation rates were low, and the S&P 500 was setting new record highs on a regular basis. As a result, the Federal Reserve was considering making significant interest rate cuts. This sparked discussions among experts about how many cuts could happen before Election Day. At that time, Fed Chair Jerome Powell acknowledged the strength of the economy by stating, “Let’s be honest, this is a good economy.”

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