John Forelli Quotes
The short-term outlook is no better than it was a month ago, but at least the Fed is acting aggressively, which makes the longer-term outlook better.
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Short | Term | Outlook | Month | Acting |
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The relevant question isn't whether the Fed will cut rates by (a quarter or half-percentage point) next week, but whether it will cut rates another (1 or 2 percentage points) by the summer... I'm expecting the Fed to be aggressive and that will help determine whether we pop or slog our way out of this slump.
- John Forelli
