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The 'risk management cut' that Jay Powell talked about was the right thing to do: Roger Ferguson
Youtube· 2025-09-18 19:13
And the Federal Reserve cutting interest rates by a quarter uh percentage point was a interesting called risk management uh by JPAL. Kind of an interesting term. We asked Roger Ferguson about what he thinks that means.It was the first cut since late last year. The vote was 11 to1. One uh new Fed Governor Steven Myron voting for a 50 basis point reduction.The Fed signaling two more cuts could be on the horizon before uh the end of the year. But there was a wide disparity among expectations. >> Ordinarily, wh ...