Fed Officials are Divided over Whether the Economy Needs More Rate Cuts
Thursday, August 22, 2019 in Press
A week after a key recession warning flashed for the first time in more than a decade, Federal Reserve policymakers have become increasingly divided over how to weigh signs of strain on the economy against still solid growth.
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Effective immediately, the Government Finance Officers Association (GFOA) is asking all industry affiliates to immediately stop using the common four-letter acronym most often associated with the Comprehensive Annual Financial Report. Instead, GFOA recommends referring to the report by either the full name or by using a shortened format that does not include the four-letter acronym. For instance, the “Annual Report” would be acceptable.Read more