March 2026 - The Simmons Partnership

Fed Rate Cuts Would Risk Repeating the Mistakes of the 1970s

by Ricci L. Reber, Ph.D. | Mar 19, 2026 | Blog, Market Commentary

Yesterday, the Federal Open Market Committee (FOMC), the Federal Reserve’s policymaking body, announced its decision to hold short-term rates steady, ending the series of three straight rate cuts that closed out 2025. Markets sold off in the afternoon, as the move...

Fed Rate Cuts Would Risk Repeating the Mistakes of the 1970s

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