TSXV:GSVR - Post Discussion
Post by
ErinBrockovich on Sep 05, 2024 9:30am
It Would Be Prudent For FED To Cut
But by how much in the September meeting? I agree, 0.25 is prudent. But some are calling for 0.5 or more to reduce the likelihood of a recession. Gradually is a better way forward. More rates cuts to follow. GSVR is perfectly positioned.
- A deeper interest rate cut from the Federal Reserve this month could spook financial markets and send the wrong message about an imminent risk of recession, according to one economist.
- It comes as policymakers at the U.S. central bank are widely expected to start lowering interest rates when they meet on Sept. 17-18.
- George Lagarias, chief economist at Forvis Mazars, told CNBC on Thursday that while no one can guarantee the scale of the Fed's rate cut at its forthcoming meeting, he is "firmly" in the camp calling for a quarter-point reduction.
Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves' William McChesney Martin Building in Washington, D.C., on June 12, 2024.
Kevin Dietsch | Getty Images
A deeper interest rate cut from the Federal Reserve this month could spook financial markets and send the wrong message about an imminent risk of recession, according to one economist.
It comes as policymakers at the U.S. central bank are widely expected to start lowering interest rates when they meet on Sept. 17-18, with investors closely monitoring economic data for clues on just how big a rate cut they are likely to deliver.
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