Institution: The Federal Reserve may be too late to cut interest rates after the unemployment rate soars.

GoldenOctober2024

Jin10 data reported on May 8, Northlight Asset Management Chief Investment Officer Chris Zaccarelli stated that The Federal Reserve (FED) is in a dilemma, with concerns about inflation and economic recession pulling them in two directions. Because of this, The Federal Reserve (FED) will have to wait until the unemployment rate skyrockets before it can resume rate cuts, but by then it may be too late. The market will increasingly worry about an economic recession, and unless some trade protocol is reached before the tariff pause ends, we will see the market fall again, just like in early April.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments