Fed Needs to Raise Threat of ‘Bad News’ Rate Cuts, El-Erian Says
The Federal Reserve needs to make it clear at its policy meeting this week that it may have to cut rates if there are continuing signs that the economy is slowing, according to Mohamed El-Erian.Most Read from BloombergNYC Plans for Flood Protection Without Federal FundsDespite Cost-Cutting Moves,
Almost nobody expects the Federal Open Market Committee to cut interest rates on Wednesday. That puts investor attention ...
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The US job market has never been as bad as it is right nowThe US job market is collapsing, and the numbers prove it. More Americans are juggling multiple jobs than at any time in the ...
When Federal Reserve officials last met in late January, things looked pretty good: Hiring was solid. The economy had just ...
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