Rate Cuts – Will they Trigger a Sustained Economic Recovery?

The Fed seems so reactive and the government so scared of a recession. I don't know why we can't accept that recessions are part and parcel of a capitalist society and a modest recession is healthy for long-term economic growth and prosperity. On that note, I think that the rate cuts will not be enough to prevent a recession or a further decline in the housing market. If anything, it will prolong the inevitable – a recession, and the further we prolong it, the deeper it will get.

 

Do you agree with the recent aggressive rate cuts as a strategy for sustained economic recovery?

 

– Faisal Laljee