Jerome Powell, chairman of the U.S. Federal Reserve, listens during a Financial Stability Oversight Council (FSOC) meeting at the U.S. Treasury in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Why the Fed Shouldn’t Cut Interest Rates Now

(Bloomberg Opinion) -- The outlook for the U.S. economy has recently darkened, with worries about trade wars and consumer demand weighing on overall confidence. As a result, many observers -- inclu...