Opinion: Why the Fed Should Cut Rates Now—Not Wait Until September

Wall Street Journal, July 18, 2024–Greg Ip
If the Fed were truly data-dependent and trusted its own forecast, it would be comfortable cutting interest rates now. At a minimum, the option should be actively debated at its meeting in two weeks. A cut does bring risks, but so does waiting. Here’s how the Fed should weigh those risks.
Click here for more