Analyst Cites US Debt Ratio For Fed Rate Cut Outlook
An analyst remains constructive on stocks despite potential Federal Reserve delays caused by the Iran war. The analyst cited the United States debt-to-GDP ratio of approximately 120% as a reason for expecting two interest rate cuts this year.
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Sources · 7 independent
CNA938 Singapore
“he still thinks the Fed should call for two cuts this year, although everyone else is saying otherwise he did clarify that he was an outlier and he cited the high debt to GDP ratio in the U.S. at 120% or so.”
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