The Fed Rate Cut Shows the Fed Is Either Clueless or Lying. Or Both.

The Fed Rate Cut Shows the Fed Is Either Clueless or Lying. Or Both.

by Ryan McMaken

With its latest rate cut, the Fed is either caving to pressure from the Trump administration, or the Fed is admitting the economy is weaker than stated. Or the Fed simply doesn’t know what’s going on.

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Source: Mises.org

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