- I think the Fed will cut in September
- Does not think it as clear that a cut will start a series of cuts
- Think the Fed can cut to 3.25% to 3.50%
- Thinks the Fed has 75 to 100 basis points of cuts before stopping but would take time.
- Chair should be someone from outside who brings new ideas
- Hopeful in a year or two will say Fed tries new things outside the box and are politically independent
- It is vital that we trust the data
This article was written by Greg Michalowski at investinglive.com.