Two Fed officials disagreed with the central bank's decision to cut interest rates Wednesday. Both Boston Fed President Eric Rosengren and Kansas City Fed President Esther George voted to keep rates unchanged with a federal funds target rate of between 2.25% to 2.5%.
Thursday, August 01, 2019
Kansas City Fed Leader Against Rate Cut
Reader suggested link from some of the smarter denizens of our blog community . . . Whilst the impact on the local housing market might be negligible . . . Here's better reporting on a local power player opposing the Prez and his monetary policy. Remember that this info is probably more important than just about every political item this week that's mostly just bad theater from different sides of the same coin whereas this is vital reporting regarding the sordid topic of coin . . .