Emons: Fed Will Choose to Cut Rates to Stem Unemployment Over Inflation Concerns
Schwab Network · Schwab Network
Audio is streamed directly from the publisher (anchor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Ben Emons, noted Fed watcher, explains the latest outlook for rate cut decisions. He discusses how the Fed’s dual mandates are muddying the picture ahead of the September decision. Ben thinks the Fed wants to “get ahead of this labor issue” and could cut by 50 basis points. “You cannot control the unemployment rate,” he emphasizes, but the Fed has more control over inflation. While the market is pricing in a series of cuts, he says there’s a chance it could be “one and done.” He adds that the Fed is dependent on market expectations as well as data.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about