Fed Rate Cut: Economist Urges Caution, Citing Inflation and Unemployment

Standard Chartered Bank economist Steve Englander has issued a warning against a 50 basis point rate cut by the Federal Reserve, citing persistent inflation and rising unemployment. Given the current economic uncertainties, he recommends a more cautious 25 basis point reduction at the upcoming FOMC meeting. Inflation and Unemployment: Key Factors in the Fed’s Decision The post Fed Rate Cut: Economist Urges Caution, Citing Inflation and Unemployment appeared first on Coin Edition .

Source: Coin Edition