HomeMarketsU.S. EconomyNational Debt Pressuring Rate Cuts

National Debt Pressuring Rate Cuts

The Fed “basically had to” cut rates because of our enormous national debt, says EGSI Financial’s Ed Siddell. He expects at least another 50-basis points in cuts this year and 100 next year. His “biggest fear” is inflation returning along with higher rates. Ed adds that we “have to get the deficit spending under control” as rates come down.

The Watch List

19 Sep 2024

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