The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

The U.S. economy is already on the other side of the Federal Reserve’s historic rate-hiking cycle, yet the economy is still running hot. A slate of recent economic data has revived chatter on whether the central bank’s jumbo rate cut in September was necessary: Retail sales rose 0.4 percent in …

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The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

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