Reported about 1 year ago
Bradesco BBI Head of Equity Strategy Ben Laidler discusses with Yahoo Finance Executive Editor Brian Sozzi about the impact of rate cuts on the economy. Despite efforts to stabilize prices and boost economic growth through rate cuts, Laidler emphasizes that the big picture isn't solely dependent on them. He expresses that as long as growth continues and rate cuts are anticipated, the market remains stable and thriving. Laidler indicates that the timing of the first rate cut in the US is less significant to him, as long as the trend is towards reduction. Overall, he believes the market will remain content with waiting for the rate cuts.
Source: YAHOO