Dale: Powell’s ‘Termination Can’t Come Fast Enough’ as Fed Makes ‘Fifth Mistake’
Schwab Network · Schwab Network
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Show Notes
“The Fed is making another policy mistake. This would be the fifth policy mistake of the Powell Fed,” Darius Dale believes. “They are falling behind” the “really horrible data” we’re getting about the economy – meaning, he argues, they’re not data-dependent as they claim – and need to cut rates. “The man’s termination can’t come fast enough.” He thinks the Fed created 40-year inflation highs and that tariffs are not inflationary, but will slow economic growth.
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