Institutions: The Federal Reserve Should Cut Interest Rates Soon to Avoid Lagging Behind
Eckhard Schulte, Chairman of the Board at MainSky Asset Management, stated that interest rates in the United States remain highly restrictive, and he believes the Federal Reserve might be falling behind. "The Federal Reserve should cut rates as soon as possible."
He mentioned that although tariffs might lead to increased inflation, it would be a one-time effect. The Federal Reserve might not cut rates in June. "However, this poses a risk that, due to its overreactive approach, it will fall behind the curve." This potential policy mistake represents the highest risk of a recession in the U.S. economy at present. Currently, the money market is pricing in a 25 basis point rate cut by the Federal Reserve in September.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.
KOL reveals that last night's abnormal price crash of SAHARA was caused by its active market maker being liquidated.
Data: KNTQ token valuation reaches 170 millions USD, protocol TVL has dropped by 60%
