HomeMarketsU.S. EconomyTony Drake: Fed Risks Creating a ‘Bubble’ with Rate Cuts

Tony Drake: Fed Risks Creating a ‘Bubble’ with Rate Cuts

Tony Drake is looking forward to how Powell “walks the tightrope” after the Fed’s decision this week. He thinks there’s “really no reason” to cut rates right now, with the risk of creating a bubble, but he thinks they will because the market expects it. He anticipates a pullback in the first half of 2025 due to uncertainty around the new administration’s policies.

The Watch List

16 Dec 2024

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