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Experts: Trade issues hurting growth more than borrowing costs

Tuesday, August 6, 2019   (0 Comments)
Posted by: Amanda Averch
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Economists and business leaders say that the Federal Reserve's interest-rate decrease helps but that concerns about trade remain the economy's biggest headwind. "The real issue facing the global economy is trade uncertainty, and monetary policy is not well targeted to address that uncertainty," says Catherine Mann, Citigroup's chief global economist.

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