Fed needs to cut interest rates sooner rather than later

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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy

“It doesn’t matter when the Federal Reserve starts cutting rates. What really matters is where they finish.” That is one view that is being heard around Wall Street.

At first glance, this advice serves as a timely caution…