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American Express CFO: Fed rate cuts won't be big enough and won't have any impact on spending patterns

American Express CFO: Fed rate cuts won't be big enough and won't have any impact on spending patterns

Cointime2024/10/18 16:21
By: Cointime
RSR-0.49%

According to market news, the CFO of American Express stated that the magnitude and timing of the interest rate cuts by the Federal Reserve are not enough to have any impact on consumer behavior.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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