Paul Kasriel Quotes
The Fed isn't eager to cut rates anymore. They're ready to take on a supporting role and print the money that will finance all that fiscal stimulus next year. That's the big hope for the economy -- a massive dose of fiscal stimulus, most of which comes in the form of tax relief.
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Eager | Rates | Anymore | Ready | Supporting |
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Unfortunately, the Fed actually has to confirm the market's expectations. If the Fed doesn't move, then we'll reverse these trades. Yields will fall and the stock market will rise, and we'll kind of reset the shot clock.
- Paul Kasriel
