DaoResearcher

As the Fed is about to hold an important meeting, discussions in the market regarding the direction of monetary policy are becoming increasingly heated. David Zervos, Chief Market Strategist at Jefferies, recently put forward a bold view, suggesting that the Fed should consider making significant adjustments to its monetary policy and present arguments for further interest rate cuts at the upcoming meeting.
Zervos pointed out that the Fed's long-standing employment narrative has faced challenges. He emphasized, 'If you pay attention to the latest data revisions, you will find that up t
View OriginalZervos pointed out that the Fed's long-standing employment narrative has faced challenges. He emphasized, 'If you pay attention to the latest data revisions, you will find that up t