Federal Reserve Cuts Interest Rates for Third Time in 2019
The quarter-point cut comes as the economy continues to show signs of slowing, but the Fed signaled that it may pause to weigh incoming data before adjusting rates again.
Source: The New York Times
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Consumer spending remained solid, but business investment declined.
Investors will be watching for any hint at what comes next.
Views of the economy are starkly split along partisan lines, and have barely budged as growth has slowed. That could make the economy matter less in 2020 than in past elections.
New data about the strengths and weaknesses of the economy could shape the discussion on the campaign trail.






