Three Dissents in FOMC Cutting Interest Rates 25bps, 'QE is Back'
Schwab Network · Schwab Network
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Show Notes
There were three dissents in the latest interest rate cut from the Fed, one for 50bps and two for zero cuts. Kevin Hincks talks about the FOMC's differing views and the role its dual mandate plays. He also goes over the median economic projections and dot plot to explains why a rate cut likely is off the table for January. However, Kevin says quantitative easing will creep back into the Fed's lingo.
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