Question:Should the Federal Reserve lower interest rates, as the president recommends?
Bob Rauch, R.A. Rauch & Associates
YES: While the current pause will give the U.S. central bank time to assess economic development, keeping a strong economy is critical. I would be opposed to future increases unless the economy truly heats up as global GDP growth is soft. I was the only one on this panel to suggest an end to rate increases when asked late last year and I might be the only one to suggest we cut rates this time.
For the full article by Contact Reporter, Phillip Molnar, click here.