Goldman Sachs data, July 13th, according to well-known economist El-Erian, the possibility of a rate cut by the Fed in September is threatened by the inflation impact after the US election. "There are two factors that complicate the prospect of a rate cut in September," El-Erian said on Friday. One is the possibility of poor economic data, and the other is political factors. How much concern does the Fed have about the inflation impact caused by policy factors after the election? El-Erian believes that the US will not experience a situation like former UK Prime Minister Thatcher, who caused a market upheaval due to budget plans. He expects the Fed's "biggest concern" is the need to reverse the rate cut and restart rate hikes as inflation accelerates. El-Erian added that the likelihood of a rate hike by the Fed next year is very low, but cannot be completely ruled out, and a rate hike may be due to major external shocks or "fundamental changes in fiscal, trade, and other policy aspects".
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Ekonomist El-Erian: Siyasi faktörler Eylül ayında Fed'in faiz indirme kararını tehdit ediyor.
Goldman Sachs data, July 13th, according to well-known economist El-Erian, the possibility of a rate cut by the Fed in September is threatened by the inflation impact after the US election. "There are two factors that complicate the prospect of a rate cut in September," El-Erian said on Friday. One is the possibility of poor economic data, and the other is political factors. How much concern does the Fed have about the inflation impact caused by policy factors after the election? El-Erian believes that the US will not experience a situation like former UK Prime Minister Thatcher, who caused a market upheaval due to budget plans. He expects the Fed's "biggest concern" is the need to reverse the rate cut and restart rate hikes as inflation accelerates. El-Erian added that the likelihood of a rate hike by the Fed next year is very low, but cannot be completely ruled out, and a rate hike may be due to major external shocks or "fundamental changes in fiscal, trade, and other policy aspects".