22-09-2024 14:00 via foxbusiness.com

Will U.S. return to easy money era?

Investors celebrated what could be the return of an easy money era after the Federal Reserve cut interest rates for the first time since March 2020 and projected rates may decline even further over the next two years. Chairman Jerome Powell was asked by FOX Business’ Edward Lawrence whether the U.S. could be headed back to a time when rates hovered near zero, or so-called cheap money."It's just a great question that we can only speculate about intuitively," Powell said. "My own sense
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