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Why the Fed has no choice but to keep cutting interest rates – if it wants to avoid a financial crisis

  • Written by Andreas Kern, Associate Teaching Professor, Georgetown University
Why the Fed has no choice but to keep cutting interest rates – if it wants to avoid a financial crisisThis is what a financial crisis looks like on Wall Street.AP Photo/Richard Drew

The U.S. Federal Reserve is stuck between an apparently booming economy and a financial crisis that might be right around the corner.

That’s why its decision to cut interest rates by another quarter point on Oct. 30 – its third reduction in as many months &nda...

Read more: Why the Fed has no choice but to keep cutting interest rates – if it wants to avoid a financial...

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