Experts discuss interest rate cuts, the economy, and why the Fed has so much power
September 16, 2024
September 16, 2024
BLACKSBURG, Virginia, Sept. 16 -- Virginia Tech issued the following news:
The Federal Reserve Board is likely to cut interest rates at its Sept. 17-18 meeting but experts from Virginia Tech agree that the adjustment will be small.
"I think the Fed wants to display independence, so I am pretty sure they will not give either political party a 'valid' reason for criticism," said Vijay Singal, head of the finance department in Virginia Tech's Pampl . . .
The Federal Reserve Board is likely to cut interest rates at its Sept. 17-18 meeting but experts from Virginia Tech agree that the adjustment will be small.
"I think the Fed wants to display independence, so I am pretty sure they will not give either political party a 'valid' reason for criticism," said Vijay Singal, head of the finance department in Virginia Tech's Pampl . . .