Fed Will Cut Rates Again in September, Economist Girard Says

The transcript discusses the potential for the Federal Reserve to implement back-to-back rate cuts, depending on economic developments over the next six to seven weeks. The Fed acknowledges that their actions will be influenced by evolving financial conditions, which have supported the economy. If the Fed does not continue easing, the support from these conditions may disappear. Despite market skepticism, the Fed may be compelled to proceed with further rate cuts to maintain economic stability.

What is the market's expectation regarding the likelihood of a rate cut?

• 50%

• 70%

• 100%

• 90%

What factor does the Federal Reserve acknowledge will influence their decision on rate cuts?

• Stock market trends

• Public opinion

• Political pressure

• Evolving economic conditions

When is the Federal Reserve predicted to cut rates again?

• September

• November

• October

• August

What has the shift from raising to cutting rates provided to the economy?

• Economic support

• Higher interest rates

• Financial instability

• Increased inflation

What might happen if the Federal Reserve does not continue with further rate cuts?

• Inflation will decrease

• Financial conditions will tighten

• The economy will grow faster

• Unemployment will rise