Viewpoints
Opinion

Fed Rate Cuts Won’t Save the Economy

Fed Rate Cuts Won’t Save the Economy
The Federal Reserve building in Washington on Sept. 19, 2017. Samira Bouaou/The Epoch Times
Daniel Lacalle
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Commentary

The market-implied federal funds rate indicates a string of cuts starting in January 2024 and culminating in a rate of 4.492 percent in January 2025. These expectations are based on the perception that the Federal Reserve will achieve a soft landing and that inflation will drop rapidly.

Daniel Lacalle
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat”​ (2015), and “Life in the Financial Markets.”
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