Sending an SOS to the Federal Reserve

To keep the economy from a further growth slowdown, the Fed must inject more dollar liquidity into the global economy — immediately.
The next Fed rate cut cannot wait until September. Fed Chairman Jerome Powell should call an emergency meeting of the Federal Open Market Committee and cut rates in the next few days. Waiting another month will only prolong economic uncertainty. We need the Fed for once to be proactive.
All of the financial data of the last week — the strengthening of the dollar, the super low 1.75% interest rate on 10-year Treasuries, the inversion of the yield curve, the…