Odaily Planet Daily News Forvis Mazars Chief Economist George Lagarias told CNBC on Thursday that while no one can guarantee the size of the rate cut at the upcoming Fed meeting, he "firmly" stands in the camp calling for a 25 poin dasar rate cut. Lagarias said, "I don't think there's an urgency for a 50 poin dasar rate cut. A 50 poin dasar rate cut could send the wrong message to the market and the economy. As is well known, an economic recession may be a self-fulfilling prophecy, so it would be very dangerous for them to do so without specific reasons. There's no need to panic unless something happens to unsettle the market." (Jin Shi)
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Forvis Mazars: Tidak menganggap ada urgensi penurunan 50 poin dasar oleh Federal Reserve
Odaily Planet Daily News Forvis Mazars Chief Economist George Lagarias told CNBC on Thursday that while no one can guarantee the size of the rate cut at the upcoming Fed meeting, he "firmly" stands in the camp calling for a 25 poin dasar rate cut. Lagarias said, "I don't think there's an urgency for a 50 poin dasar rate cut. A 50 poin dasar rate cut could send the wrong message to the market and the economy. As is well known, an economic recession may be a self-fulfilling prophecy, so it would be very dangerous for them to do so without specific reasons. There's no need to panic unless something happens to unsettle the market." (Jin Shi)