Fed’s Duke: Federal Reserve Could Trim Interest Rates Further

Trimming short-term interest rates further would be one tool the Federal Reserve could use to support the economy if threatened by a renewed downturn, said Federal Reserve Board Governor Elizabeth Duke on Monday. We still have tools. Obviously we have more room on the tightening side than we do on the easing side,” Duke said in an interview on Fox Business Channel – MW

Be the first to comment

Leave a Reply

Your email address will not be published.