The economy looks deeply troubled under the hood – and officials must act to avoid a world of pain 

Andreas Kern, Georgetown UniversityThe U.S. Federal Reserve is stuck between an apparently booming economy and a financial crisis that might be right around the corner.That’s why its decision to cut interest rates by another quarter point on Oct. 30 – its third reduction in as many months –

Source: The economy looks deeply troubled under the hood – and officials must act to avoid a world of pain – Alternet.org

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