Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski
Jeff For Banks
AUGUST 12, 2018
By the time it was clear to all of us that the economy was being dragged down by the housing and mortgage crisis, the Fed finally lowered rates, but it was too late. This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. US Treasury debt now stands at 103.9% since that time.
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