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The Conversation USA

Fed lowers interest rates as it struggles to assess state of US economy without key government data

  • Written by Jason Reed, Associate Teaching Professor of Finance, University of Notre Dame
imageMarkets were expecting the Fed to cut rates a quarter point. AP Photo/Seth Wenig

When it comes to setting monetary policy for the world’s largest economy, what data drives decision-making?

In ordinary times, Federal Reserve Chair Jerome Powell and voting members of the Federal Open Market Committee, which usually meets eight times a year,...

Read more: Fed lowers interest rates as it struggles to assess state of US economy without key government data

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