Peter Orszag: The Federal Reserve should not have cut interest rates at the end of last year, the US dollar may depreciate
ChainCatcher News, according to Golden Ten Data, Lazard CEO Peter Orszag stated at The Wall Street Journal Invest Live event that the Federal Reserve perhaps should not have cut interest rates at the end of last year. He expects inflation may unexpectedly rise this year, and pointed out that artificial intelligence and high-income consumers could boost U.S. economic growth. He believes the Federal Reserve is already behind the curve, and that rate cuts could lead to a depreciation of the U.S. dollar and a steeper yield curve.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Block Insider Sold Shares Worth $1,429,380, According to a Recent SEC Filing
Uber Technologies Insider Sold Shares Worth $2,008,673, According to a Recent SEC Filing
American Savings Bank Prices Upsized IPO at $16 per Share
Cloudflare Insider Sold Shares Worth $1,561,080, According to a Recent SEC Filing
