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Analysis
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Fed officials step back from rate-cutting

Margin Call: Low inflation forces monetary policy rethink.

Nevil Gibson Tue, 19 Nov 2019

An increasing number of US Federal Reserve officials are questioning the effectiveness of lower interest rates and some are regretting last month’s third reduction this year.

Patrick Harker, president of the Federal Reserve Bank of Philadelphia, said that move to between 1.50% and 1.75% was

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Nevil Gibson Tue, 19 Nov 2019
Contact the Writer: ngibson@nbr.co.nz
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Fed officials step back from rate-cutting
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