Paul Krugman Says Cut Rates 'Now Now Now,' As New York Fed's Inflation Measure Hits 2.06%: 'The Eagle Has Soft Landed'

41

benzinga

2024-07-30T15:19:26-0400

Paul Krugman, a renowned economist and Nobel Prize laureate, has urged the Federal Reserve to promptly implement rate cuts as the New York Fed’s inflation measure hits 2.06%.

stock marketstock market newsnewsinflationmoneyinvestmentbusinessinvestingfinancial newsFederal Reserveinterest ratesbusiness newsGDPinvestorJerome PowellWall Streetstock market investingeconomistFederal Open Market CommitteeFOMCfinancerate cutsPersonal Consumption ExpenditurePCE indexPaul Krugmansoftening labor market

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