Economist Ed Yardeni suggests the Fed’s September rate cut hinges on upcoming inflation data; hotter data points to a 25 basis point cut, while cooler data could prompt a 50 basis point reduction. He cautions lower rates won’t solve labor shortages and might inflate the market. Yardeni also highlights India’s strategic importance amid global trade uncertainties.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets