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Fed Chairman Jerome Powell appears before the Congressional Joint Economic Committee this week.
Economists think another interest rate cut is on the way.
A survey from the National Association for Business Economics found members are bracing for the economy to slow.
To begin with, the mandates for both are different.
It’s a wonky subject, but important. Arcades, power grids and plumbing systems also help make sense of it.
Savers can be the first to lose when the Fed lowers the interest rate.
It’s how banks borrow money overnight. And it got a little crazy this week.
The modest cut — to a range of 1.75% to 2% — irritates Trump, who has insisted on more aggressive action.
Market turmoil trade tensions … there’s a lot that’s been worrying businesses so far this year.
A global economic meltdown caused the last rate cuts. Today, the economy is far from that point.