Video News/New Orleans Investment Conference 2024

Fed rate cuts: A ‘catastrophic error’? Jim Bianco’s warning to Powell

The Fed should not cut rates any further, warns Jim Bianco, President of Bianco Research. A barrage of rate cuts by Fed Chair Jerome Powell would be “a catastrophic error,” Bianco tells Kitco News anchor Jeremy Szafon on the sidelines of the 50th Annual New Orleans Investment Conference. Bianco delves into the Federal Reserve's interest rate decisions, market reactions, and broader economic implications. He also analyses gold, Bitcoin, and bond markets, providing insights into global debt dynamics. This video is brought to you by Uranium Energy Corp https://www.uraniumenergy.com and U.S. GoldMining Inc. https://www.usgoldmining.us/

Guests: Jim Bianco
Source: Kitco News
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