Insight into the Fed's Latest Rate Cut

With today's jobs announcement and revision of August #'s, it's time for them to step aside and let the "stew" simmer.
They probably did 3 too many hikes (combined with roll off), so let's see if that is the secret sauce to continued
economic success.​

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Jon Drake
Senior EVP & CFO
Peoples Bank
Lubbock TX
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Original Message:
Sent: 10-31-2019 17:08
From: Barb Rehm
Subject: Insight into the Fed's Latest Rate Cut

Former Fed Vice Chair and Promontory Interfinancial Network co-founder Alan Blinder is out with his analysis of the central bank's latest moves. I love how he described the Fed's decision to pause as removing "its oars from the water." The full analysis is attached in this post. We're planning a webinar soon with Mr. Blinder, so we can ask him all sorts of questions about where the Fed is headed. Stay tuned for details.

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Barb Rehm
Senior Managing Director
Promontory Interfinancial Network, LLC
Arlington VA
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