El-Erian Predicts Two Rate Cuts by Fed Despite Strong Economic Data
Friday, 5 April 2024, 13:32
El-Erian Sees Two Fed Rate Cuts This Year Despite Strong Data
Renowned economist, El-Erian, predicts that the Federal Reserve is poised to make two significant rate cuts this year, a surprising stance given the current strong economic data. The move is considered precautionary, as El-Erian believes the Fed is gearing up to bolster the economy amid lingering uncertainties.
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