The Barrett Brief-Brett Kavanaugh: SVU, How low will the Fed go?
Written by LoneRhody on 09/16/2019
Brett Kavanaugh: SVU, How low will the Fed go?
Here is what is happening today in the Brief. First, the latest Brett Kavanaugh smear doesn’t hold up. To clarify, Democrats want to impeach the Supreme Court justice over a new allegation that is so shady, even the newspaper doesn’t seem to believe in it. Truly, this fresh smear is buried in the 11th paragraph of an upcoming book, “The Education of Brett Kavanaugh.” However, less than a day went by before the story proved to be shallow.
Second, with rate cut likely, market wonders how low Fed will go. Meanwhile, investors are counting on support from a Federal Reserve willing to keep cutting interest rates to help the U.S. economy avoid a downturn. Presently, a quarter-point rate reduction is expected when the Fed issues its next statement on Wednesday.
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