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re: Why would the Fed lower the interest rate today?
Posted on 7/31/19 at 1:27 pm to Pvt Hudson
Posted on 7/31/19 at 1:27 pm to Pvt Hudson
quote:Are you being intentionally dense?
the Greeks have a lower base rate than the US.
I ask because I'm trying to understand whether it's worthwhile discussing. The FOMC voted 8-2 to drop rates. Several members were contemplating a 50BPS cut. 25BPS was not a close call. You wondered why. I told you.
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