Fed will not cut by 50 basis points in September: Strategist

49,020 次觀看・3 個月前

With both the labor market and inflation starting to cool, nearly everyone on Wall Street expects the Federal Reserve to cut rates in September. But how much they will cut by? That's still up for debate

Infrastructure Capital Advisors CEO Jay Hatfield thinks the Fed will only cut by 25 basis points, saying the idea that the central bank will trim rates by 50 basis points is "patently ridiculous." "They have no ability to forecast. They're going to be conservative," Hatfield says, though he does think the Fed will continue to cut as the year progresses, arguing inflation will continue to ease. 

Watch the video to hear why Hatfield doesn't think the markets will sell-off sharply if the Fed only cuts by 25 basis points next month.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Stephanie Mikulich.