Wall Street sees even more Fed rate cuts ahead with Morgan Stanley predicting a return to zero

CNBC/Jeff Cox

Image of a zero in red“Economists now see the likelihood of three quarter-point reductions before the end of the year, along with multiple moves in 2020 until it becomes clear that the U.S. central bank has staved off a recession.”

USAGOLD note:  I guess, if this article is correct, that we are all going to find out directly – within the next 12 months – the general effects of zero per cent interest rates.

Re-post from 8-12-2019

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