Chances that the Fed will enact an 'insurance' interest-rate cut are rising [CNBC]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: CNBC
Chances that the Fed will enact an 'insurance' interest-rate cut are rising Federal Reserve Chairman holds a press conference following a two day Federal Open Market Committee policy meeting in Washington, U.S., January 30, 2019. Leah Millis | Reuters While Federal Reserve officials insist they are comfortable with the current state of policy, Wall Street still thinks the burgeoning trade war between the U.S. and China will change that picture. Much of the market chatter has been focused on the likelihood of an "insurance" interest-rate cut this year — a move that could provide a buffer against any economic weakness caused by the tariffs. Economists worry that a prolonged impasse would sap consumer and business confidence and halt what has otherwise been the strongest growth of a recovery that began a decade ago. VIDEO 3:57 03:57 Here's what to watch for from the Fed minutes Squawk Box "A meaningful slowdown in U.S. domestic demand from the trade dispute may lead to rate cuts," Beth
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Sec Filings
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- 4/19/24 - Form 3
- 4/19/24 - Form 3
- M's page on the SEC website