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Lessons from Other Countries: Are Interest Rates the Only Issue?

Mohit Oberoi, CFA
Lessons from Other Countries: Are Interest Rates the Only Issue?

Last week, the US Federal Reserve in its press release indicated that it's amenable to easing if the situation so warrants. The S&P 500 (SPY), which had already been on an uptrend this month, rose to a record high. But would a rate cut help revive the economy?