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Investors want a Fed rate cut before economy turns: ‘Risk becomes greater the longer you wait’

June 4, 2019

Via: CNBC

If the Federal Reserve meets market expectations and cuts interest rates this year, it would be more to assuage flagging confidence than it would be to address any particular ill.

After all, most of the signs for the economy remain positive if slowing somewhat. Growth is neither unlikely to keep up with the rapid pace of 2018 and the first quarter of 2019, nor does it look ready to reverse and take the country into recession.

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