A Fed Rate Cut Will Not Solve Our Economic Problems – OpEd

By Connor O'Keeffe

Last Friday, the Bureau of Labor Statisticsreportedthat the unemployment rate had jumped to 4.3% in July. The pace at which unemployment is rising matches the speed often found in the early stages of a recession — an indicator known as the Sahm Rule. The triggering of the Sahm Rule sparked a panic in the...