Nobel laureate Joseph Stiglitz says a bigger Fed rate cut would help on inflation and jobs

Joseph Stiglitz Discusses U.S. Fed Policy Meeting #

Joseph Stiglitz, Nobel laureate in economics, suggests a half-point interest rate reduction should be considered during the upcoming U.S. Federal Reserve policy-setting meeting. The discussion revolves around potential strategies and decisions to be made by the Federal Reserve regarding interest rates. Stiglitz’s recommendation aims to stimulate economic growth and address concerns about potential downturns in the U.S. economy. The upcoming meeting will likely be closely watched by economists and market analysts for indications of the Fed’s future monetary policy.