The Fed is Courting Disaster by Leaving Interest Rates Too Low

This week, the Federal Reserve likely will vote to cut interest rates — when it should be raising them. If the economy is so dependent on low interest rates that a near-record-low rate of 2.4 percent isn’t low enough, there is something wrong with the economy, and piling on more cheap debt will make the crash that much harder.

 

 

 

 

 

 

https://nypost.com/2019/07/28/the-fed-is-courting-disaster-by-leaving-interest-rates-too-low/#content-wrapper

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