News list for "Former Holy Road"
Inflation will slow significantly this year, allowing the Federal Reserve to keep cutting interest rates, according to former St. Louis Fed President Brad. Brad said it looks like the Fed is on track to cut rates two more times this year, by 25 basis points each. Fed officials were expecting two rate cuts in December. "I don't really see anything stopping them from doing that," he said. However, Brad said another rate cut in March appears premature. He said: "From what's going on...
Former St. Louis Federal Reserve President Brad talked about the US economic outlook, the Federal Reserve's interest rate cut path, the US election, "Black Monday" and other hot topics, and said that he believes that it may be a 25 basis point interest rate cut for each meeting, that is, there will be a 75 basis point interest rate cut between now and December.
