Fed ‘desperately trying to reestablish that credibility’: Mark Zandi

The Federal Reserve has decided to keep interest rates steady as Wall Street speculates about the possible outcomes of a higher-for-longer environment. Moody’s Analytics Chief Economist Mark Zandi joined Yahoo Finance Live to discuss the Fed's policies and why the central bank should begin cutting rates now. The segment is from May 9, 2024.
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[@pepegapenguinp4405]

Even the fools are finding it hard to ignore now. So much going on in the world that it’s only a matter of time until consumer sentiment does a big flop and reality sets in for our economy. Just wait till people put together climate change with a constant increase of severe weather, or that we are currently teetering on one good shot from the sun wiping us back to the Stone Age. Willful ignorance is the name of the game.

[@TeamRogers7]

1st Comment!