"U.S. high inflation whistleblower," former Treasury Secretary Summers: In hindsight, the Fed cut interest rates by 50 basis points in September was a mistake。But it won't have "serious consequences."。(The latest U.S. non-farm payrolls report for September) confirms that we are in a "high school interest rate environment," a period of cautious monetary policy on rate cuts.。"No landing" and "hard landing" are the risks the Fed has to face.。
"U.S. high inflation whistleblower," former Treasury Secretary Summers: In hindsight, the Fed cut interest rates by 50 basis points in September was a mistake。
But it won't have "serious consequences."。
(The latest U.S. non-farm payrolls report for September) confirms that we are in a "high school interest rate environment," a period of cautious monetary policy on rate cuts.。
"No landing" and "hard landing" are the risks the Fed has to face.。
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