Will the Federal Reserve cut the FED funds rate today and by how much?

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KBleivik
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Will the Federal Reserve cut the FED funds rate today and by how much?

Post by KBleivik »

The Fed needs to make an emergency cut, says Wharton's Jeremy Siegel. Three democratic senators call on the FED to cut the FED funds rate by 75 basis points while other expect mote moderate 25 point cut so the consensus can be closer to 50 basis points. The 10 Year Constant Maturity Minus Fed Funds Rate has not been bigger since the late summer 1981, that is more than 40 years.
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