With this updated scenario, all the Fed has to do is say tha...
With this updated scenario, all the Fed has to do is say that it will not cut rates in a rescue effort and will stick to the plan when that is announced the market will capitulate
Goldman Sachs warns that the risk of economic recession in the United States by the end of the year has risen to 35 percent, and there is a strong expectation that the Federal Reserve will cut interest rates to rescue the market.
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