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Fed’s Uncertain Path: Economist Gregory Daco Criticizes Reactive Rate Cuts Amid Rising Unemployment Concerns

Fed’s Uncertain Path: Economist Gregory Daco Criticizes Reactive Rate Cuts Amid Rising Unemployment Concerns


CoinOtag
2024-09-22 11:06:39
Fed’s Uncertain Path: Economist Gregory Daco Criticizes Reactive Rate Cuts Amid Rising Unemployment Concerns

On September 22, COINOTAG reported that Gregory Daco, chief economist at Ernst & Young, criticized the Fed for being “reactive” rather than proactive in its approach to cutting interest rates.

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