Rate Hike Predictions
Scott predicts that Chairman Powell may pause interest rate hikes, citing the need for a breather after a significant increase of 450 basis points. He highlights the potential unintended consequences of such rapid changes and notes that recent inflation data, while not alarming, suggests a more cautious approach might be warranted.In this clip
From this podcast
Prof G Markets
Prof G Markets: SVB’s Collapse, the U.S. Banking System, Venture Catastrophists, and What’s Next
Related Questions
Is the Fed's concern about the impact of slowing growth and higher rates on middle and lower-income consumers likely to push rate cuts out in the episode Scott Bessent - Macro Maven (EP.415) and the clip Economic Predictions Unveiled?
Is the Fed's concern about the impact of slowing growth and higher rates on middle and lower-income consumers likely to push rate cuts out as discussed in the episode Scott Bessent - Macro Maven (EP.415) and the clip Economic Predictions Unveiled?
Is the Fed's concern about the impact of slowing growth and higher rates on middle and lower-income consumers likely to push rate cuts out in the episode Scott Bessent - Macro Maven (EP.415) and the clip Economic Predictions Unveiled?