Jan Hatzius, Goldman Sachs chief economist, joins ‘Closing Bell’ to discuss whether Hatzius was surprised by Wednesday’s CPI print, what makes the economist confident that the Federal Reserve will still cut rates twice this year, and more.
source
Jan Hatzius, Goldman Sachs chief economist, joins ‘Closing Bell’ to discuss whether Hatzius was surprised by Wednesday’s CPI print, what makes the economist confident that the Federal Reserve will still cut rates twice this year, and more.
source
one of these creeps is going to get mixed up on these ppe,ppi,cpi numbers
We have a creep like this telling what the economy is doing.
Adjusted is not counting food and energy.
oil up 22% this year. Not counted and food 20% up not counted. BS
Sure… just keep trying to fool us. Admit you were wrong, and let Fed do what's the right thing to do. Hike rates again.
6-3-2-1-0
This guy is doing predictions that NEVER happen (20, 10, 5, 3, 2 rate cuts starting in “pick your month”), just look at his past interviews. 0 information value.
BUT BUT BUT THEY PROMISED 6 cuts in 24!! MARKET NEVER IS WRONG!!
Why govt can’t tell insurance company to reduce the pricing for insurance . Problem solved . No need discuss same thing every month 😂
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
So full of sheeet
All these financial analysis are consistently dead wrong on rate cuts. July will not be a rate cut. Inflation will still be high. Sept they cannot cut rates because of the presidential elections & Inflation will still be high.
The only reason 5% is not restrictive is because there’s too much money and they’re still printing. It’s kinda stupid.
In July the clown will change the rate cut to October.
No rate cuts until at least September.
hot cpi report pushes back the fed's willingness to cut rates for several more months. my prediction that they will leave it pat for this entire year is a lock, look out below gold and silver as your spot prices are set for a major selloff earasing the recent highs while equities fall then resume the 5-yr bull run
What world are these guys living in ? I guess they don’t pay the bills and business meals and cars are on the companies tab . When I was working I never even looked at the check or sat in line at Costco for fuel.
This guy was calling for 6 cuts not long ago, 4 cuts just last month. He has no clue for a "chief economist"
I am currently holding north of $250,000 in Cash waiting to invest in another huge opportunity. I am earning 5.15% currently so I am not in a rush.. Where would you invest this as of now?
This guys a bozo. Hes optimistic despite all the recent data says otherwise. At least back up your stance with data.
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Not cutting in June Klaus.
LOL, Give a Government a fiat currency and they'll spend like a kid in a candy store.
The first rate cut will be in June….of 2025
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