Interest Rates "Sitting" in Place: Tariffs & U.S.-Iran War Keep Fed from Cutting
Schwab Network · Schwab Network
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Show Notes
Lasting tariff uncertainty and impacts from the U.S.-Iran War leads Mike Dickson to believe the Fed is stuck in interest rate limbo. The FOMC "not being able to aggressively cut" rates also keeps the committee from forecasting too far into the future. That said, Mike sees strong economic data backing no need for rate cuts and argues a "boring Fed is a good Fed."
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