Economists have endorsed a September interest rate cut by the U.S. Federal Reserve as inflation falls to its lowest level since March 2021. Dr. James Thorne, Chief Market Strategist at Wellington-Altus Private Wealth, criticized the Fed for its delayed action, arguing that the policy mistake has already been made. Thorne emphasized the need for rate cuts to achieve the long-term inflation target of 2.5% and questioned Fed officials for threatening further rate hikes. Concerns about consumer market strength were highlighted by disappointing reports from companies like Nike and Walgreens.
Investment Insight Spring 2025
The Illusion of Speed It has been said that “there are decades where nothing seems
