That's what they all say . . . In this instance he's probably correct . . .
"The Federal Reserve has trimmed interest rates again, the latest in a series of cuts meant to keep the economy stable amid slowing growth and a prolonged federal government shutdown.
"Scott Colbert, chief economist at Commerce Bank, said the Fed’s move signals confidence that the economy is cooling, not collapsing."
Read more via www.TonysKansasCity.com link . . .
Commerce Bank economist says fed rate cuts show confidence, not panic
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