Reported 2 days ago
Economist Brian Jacobsen suggests that the Federal Reserve may implement significant interest rate cuts in September if inflation remains low and tariff pressures stay manageable. Despite record highs in the S&P 500 and Nasdaq, he believes the market has not fully priced in potential negative outcomes. Jacobsen points out that the Fed chair indicated that uncertainty over tariffs has affected their decision-making, and if upcoming inflation data is mild, the Fed may feel more inclined to lower rates.
Source: YAHOO