It's time for the Fed to 'recalibrate' monetary policy, says EY-Parthenon's Gregory Daco
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- เผยแพร่เมื่อ 12 ก.ย. 2024
- Gregory Daco, chief economist at EY-Parthenon, and CNBC's Steve Liesman join 'The Exchange' to discuss Fed Chair Jerome Powell's testimony before the Banking Committee, outlooks on rate cuts, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio of $230k.
If you want to grow your monthly income over time then look into stocks that pay monthly dividends. Closed end funds are a great way to accomplish this.
@@Higuannn Perhaps seeking help from financial experts would be very helpful.
@@Aurierserge50 I agree cos i use one and I’m grateful my advisor's moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
@@hullbruce Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
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Oh they will cut this year no doubt. The question becomes 0.25% or 0.5%.