Tags: Money | federal reserve | rate cut | economy

Steve Moore: Fed Must Cut Rates Now to Stop Deflation

(AP)

By    |   Wednesday, 04 September 2019 08:39 PM

Author and economist Stephen Moore tells Newsmax that significant interest-rate cuts by the Federal Reserve are “urgently needed” to avert deflation and boost the U.S. economy.

Former Fed Chairman Alan Greenspan on Wednesday predicted that’s precisely what will occur, once the surprising trend toward “negative interest rates” arrives on U.S. shores.

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Author and economist Stephen Moore tells Newsmax that significant interest-rate cuts by the Federal Reserve are "urgently needed" to avert deflation and boost the U.S. economy.Former Fed Chairman Alan Greenspan on Wednesday predicted...
federal reserve, rate cut, economy
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2019-39-04
Wednesday, 04 September 2019 08:39 PM
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