Reported 23 days ago
Economists Claudia Sahm and Matthew Luzzetti discuss the implications of the Federal Reserve's recent interest rate cuts, indicating they reflect significant progress in combating inflation. While economic data suggests inflation is slowing, there is uncertainty regarding the magnitude of cuts and potential recession risks, especially in an election year. Luzzetti views the cuts as a clear milestone, while Sahm emphasizes that the actions should convey the message without excessive commentary.
Source: YAHOO