Fed's Potential Rate Cut: A Sign of Desperation?

Reported 26 days ago

Eric Beyrich, co-CIO of Sound Income Strategies, suggests that a 50 basis point cut by the Federal Reserve next week would be perceived as overly aggressive and indicative of the Fed lagging behind economic trends. He anticipates a more moderate reduction of 25 basis points and emphasizes the importance of monitoring the Fed's statements and related economic data during their upcoming meeting.

Source: YAHOO

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