Eurodollar University

Economist Calling for an Emergency 75 Basis Point Rate Cut

Aug 12, 2024
In this discussion, Jeremy Siegel, a well-respected economist known for his insights on market trends, teams up with financial analyst Steve Van Metre. They delve into the possibility of an emergency 75 basis point rate cut by the Federal Reserve, considering the unsettling state of the labor market and rising unemployment. Siegel reveals his hesitations about advocating for immediate cuts, while they analyze the impacts of Fed policies on job growth. The pair navigates the intricate balance between inflation control and economic stability, amidst rising layoffs and cautious optimism.
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