Schwab’s Aguilar Says a Jumbo Rate Cut Risks Spooking Investors

Schwab’s Aguilar Says a Jumbo Rate Cut Risks Spooking Investors

A quarter-point interest-rate cut by the Federal Reserve next week would be the most favorable scenario for financial assets, with a deeper reduction running the risk of alarming investors, according to Charles Schwab Corp.’s Omar Aguilar.

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