The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that follows growing unease about the health of the job market. NTD speaks to a veteran investor on whether it was the right move.
Fed Cuts Rates, First Easing Since Pandemic | Business Matters (Sept. 18)
By Don Ma