The Federal Reserve is expected to cut interest rates for the first time since 2008 on Wednesday.
Image captionDoes everyone think it is a good idea?
While the economy"looks pretty good" and unemployment is low,"I think there are some downside risks to growth, and inflation is running low so it's a good time to take out some insurance," he told the BBC's Today programme. Mr Kohn says the banking system is much stronger since the last crisis in 2007-9, which should lessen the risk of a similar crash.
However, when rates were at close to zero for the seven years after the crisis, it didn't spur much growth, said Ms Greene, leaving one to wonder what a 0.25 percentage point dent will do this time.
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