• 09/20/2024

Nick Timiraos: Job Slowdown Will Ignite Debate Over Half-Point Cut

Wall Street Journal

The debate is over whether the Fed should cut rates by a quarter-percentage-point, as it did in 1995, 1998 and 2019, or whether a larger half-point cut is warranted, as it did ahead of recessions in 2001 and 2007.

https://www.wsj.com/articles/job-slowdown-will-ignite-debate-over-larger-half-point-rate-reduction-f45f4947