Name: Thorne: The Fed Should Be at Neutral Right Now
Uploaded: 2025-05-08T12:56:52.199-05:00
Duration: 6 min 29 s

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Jim Thorne discusses the FOMC decision to keep rates unchanged and its impact on the fight against inflation. Thorne doesn't believe the Fed is using the correct data indicators, such as BLS Labor Data and Consumer Sentiment, to make its decision. He believes the committee will be late in rate cuts, adding "I am completely and totally disappointed" in the FOMC stance. Thorne adds that "deflation is the risk" and believes there is a failure by economists at the Fed.

Thorne: The Fed Should Be at Neutral Right Now

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