Reported 2 days ago
A recent discussion highlighted concerns that the Federal Reserve's 50 basis point interest rate cut in September might have been premature given the employment and inflation data emerging thereafter. George Catrambone of DWS Group noted that while caution is warranted, the real test lies in upcoming CPI data to assess whether the Fed made a policy error. The expectation now leans towards more measured cuts in the future, dependent on ongoing economic indicators.
Source: YAHOO