Reported 14 days ago
Following a 0.5% interest-rate cut by the Federal Reserve, many experts predict a soft landing for the economy, marked by decreasing inflation without a recession. However, JP Morgan CEO Jamie Dimon remains skeptical, suggesting that inflation may not decline easily and expressing lower confidence in achieving a soft landing. While others, like veteran economist David Rosenberg, warn of tighter Fed policies, some fund managers remain optimistic about the economy's overall health and potential stock market performance post-rate cuts.
Source: YAHOO