The Fed is unlikely to cut rates once and leave it be. Like roaches, there is rarely just one. Interest rates are raised gradually, to combat potential inflation and curb speculative economic activity (yeah, good luck with that!), and they are reduced the same way....gradually, successively.
The Fed is unlikely to cut rates once and leave it be. Like roaches, there is rarely just one. Interest rates are raised gradually, to combat potential inflation and curb speculative economic activity (yeah, good luck with that!), and they are reduced the same way....gradually, successively.
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