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Emons: Fed Will Choose to Cut Rates to Stem Unemployment Over Inflation Concerns

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Manage episode 503218051 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ben Emons, noted Fed watcher, explains the latest outlook for rate cut decisions. He discusses how the Fed’s dual mandates are muddying the picture ahead of the September decision. Ben thinks the Fed wants to “get ahead of this labor issue” and could cut by 50 basis points. “You cannot control the unemployment rate,” he emphasizes, but the Fed has more control over inflation. While the market is pricing in a series of cuts, he says there’s a chance it could be “one and done.” He adds that the Fed is dependent on market expectations as well as data.

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7446 episodes

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Manage episode 503218051 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ben Emons, noted Fed watcher, explains the latest outlook for rate cut decisions. He discusses how the Fed’s dual mandates are muddying the picture ahead of the September decision. Ben thinks the Fed wants to “get ahead of this labor issue” and could cut by 50 basis points. “You cannot control the unemployment rate,” he emphasizes, but the Fed has more control over inflation. While the market is pricing in a series of cuts, he says there’s a chance it could be “one and done.” He adds that the Fed is dependent on market expectations as well as data.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

  continue reading

7446 episodes

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