Reported 3 months ago
Yardeni Research President Ed Yardeni discusses the Federal Reserve's predicted interest rate cut, with futures markets anticipating five more cuts in the next year but Yardeni remaining cautious about further cuts. Despite a positive US economy and inflation trends, Yardeni questions the rush to lower rates, warning of potential market consequences if action is taken unnecessarily. The bond market remains skeptical, foreseeing a wide trading range of 4-5% due to increased Treasury issuances.
Source: YAHOO