The Fed would only cut rates to help the U.S. service its soaring debt, fund manager says
Posted: Wed May 01, 2024 11:31 am
The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.
Source: https://www.cnbc.com/2024/05/01/fund-ma ... -cuts.html
Source: https://www.cnbc.com/2024/05/01/fund-ma ... -cuts.html