Fed chair candidate: Should significantly cut interest rates next month but be wary of long-term bond yields rising.

[Block Rhythm] On August 15, it was reported that economist Marc Sumerlin, viewed as a potential chairman candidate for the Fed, stated that policymakers should significantly cut interest rates next month, but at the same time warned that if long-term U.S. Treasury yields rise, they would have to stop cutting rates. Sumerlin is an economist at management consulting firm Evenflow Macro.

Mark Summerlin stated that a 4.3% Fed funds rate is too high, with 50 basis points of room for a rate cut. Due to the inverted curve, he supports a 50 basis point rate cut.

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TokenDustCollectorvip
· 1h ago
Just wait until it's done, even the flowers will wither.
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DeFiDoctorvip
· 08-15 15:05
Risk assessment of interest rate cuts is underway, with patients showing unstable macro symptoms.
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SandwichDetectorvip
· 08-15 15:03
Are you playing the game of passing the drum again?
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LiquidityWitchvip
· 08-15 14:56
Still tangled about a fall or a rise?
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MoonBoi42vip
· 08-15 14:50
So we just listen to him when it comes to interest rate cuts?
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