Fed rate cuts this year could spell disaster for U.S. economy

Episode Transcript

(00:00):
Doing any more cuts will set offanother dramatic round of inflation like we've never
seen. We would see inflation goup even more than it did before it.
We can expect even higher rates intothe double digits in twenty twenty five.
Economists EJ. And Tony says raisingthe rates is the only solution.
While they've been raised some, theband aid hasn't been entirely ripped off.

(00:20):
These rates seem high to us today. That's just because we've been spoiled with
artificially low rates for the last twentyyears. He says. Even if they
do cut rates, it'll only beby a fraction. Andre Perard News Radio
seven forty KTRH