You survived the rate cut! Here’s what comes next.
Plus: We get a former Fed economist to answer your questions, and we dig into what “Medicare for All” really means.
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after the attending the Board’s two-day meeting, on June 19, 2019 in Washington, DC. Powell said the Fed will keep rates steady and hinted at a possible rate cut later in the year.
The Federal Reserve just announced it’s cutting interest rates. But in many parts of the world, interest rates are in negative territory. Given the right circumstances, U.S. rates could go negative, too.