Potential Rate Cuts on Fed Day and Harris-Trump on the Economy
Bloomberg Surveillance
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Federal Reserve's Rate Decisions and Economic Implications
This chapter analyzes the Federal Reserve's cautious stance on interest rate adjustments, considering the impact of their 'no reversals' policy on market perceptions and the economy. The discussion includes potential scenarios for rate cuts and examines the consequences of a proposed 20% tariff on imports, emphasizing its detrimental effects on consumers and the trade deficit. Additionally, the speakers speculate on economic policy influences under different presidential leaderships, contrasting the approaches of Trump and Harris.
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