Fed Cuts Rates, Projects Fewer Reductions Next Year
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Michael Rosen, CIO at Angeles Wealth Management, discuss Federal Reserve officials projecting just two rate cuts in 2025, and they made it clear that future reductions would hinge on inflation progress. Frank Sorrentino, Chairman & CEO at ConnectOne Bank, shares his thoughts on what Fed policy means for banks and small businesses. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.