Wall Street is certain the Fed will slash interest rates next month. But a key official says that will only happen if the coronavirus becomes a pandemic.

Business Insider

28 Feb 2020 0 shares 1 views

Wall Street is certain the Fed will slash interest rates next month. But a key official says that will only happen if the coronavirus becomes a pandemic.

Business Insider

Published 28 Feb 2020

· *St. Louis Federal Reserve President James Bullard said Friday that interest rates would be cut only if the coronavirus worsened.*
· *The comments were the latest sign the central bank would maintain a wait-and-see approach to the outbreak.*
· *But Wall Street expectations for rate cuts have risen dramatically in recent...

Full Article

Wall Street is certain the Fed will slash interest rates next month. But a key official says that will only happen if the coronavirus becomes a pandemic.

Wall Street is certain the Fed will slash interest rates next month. But a key official says that will only happen if the coronavirus becomes a pandemic.

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