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US Recession: Will Federal Reserve Cut Interest Rate To Avoid Chaos?

US Recession: Will Federal Reserve Cut Interest Rate To Avoid Chaos? WikiBit 2024-08-12 16:29

The US recession scare is getting more intense, especially with the soaring stock market volatility.

The US recession scare is getting more intense, especially with the soaring stock market volatility. Economic data unleashed in the past few weeks have not helped the market resilience with most stocks taking series of beating over the last 30 days. While the odds are not in the favor of the economy, the question remains whether the Feds will step up to save the day.

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