News Analysis
The Federal Reserve is keeping its options open to further interest rate cuts on the way to neutral monetary policy. But the path could be bumpy, as the risks of cutting too much or too little remain.
Fed Keeps Options Open for Further Interest-Rate Cuts, but the Road to Lower Rates Could Be Bumpy
Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington on Sept. 18, 2024. Anna Moneymaker/Getty Images
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”
