Interest rates are only in the range of 1.5 to 1.75 basis points... Historically, the Fed has had to cut interest rates by 4 basis points to pull the US out of

Interest rates are only in the range of 1.5 to 1.75 basis points... Historically, the Fed has had to cut interest rates by 4 basis points to pull the US out of previous recessions, IIRC. It doesn’t take a math major to tell we have a big issue if this slowdown turns into a recession.