Reported about 6 hours ago
Brian Jacobsen, chief economist at Annex Wealth Management, discusses Federal Reserve Governor Christopher Waller's recent call for an interest rate cut in July, emphasizing signs of weakness in the labor market. Jacobsen believes the Fed should have acted earlier in April and May and notes that further adjustments may be necessary. He anticipates a potential economic reacceleration due to new incentives and maintains a growth-oriented investment strategy.
Source: YAHOO