Marc Lasry from Avenue Capital predicts a rate cut from the Fed in the next six months due to mounting recession concerns

Marc Lasry, Avenue Capital CEO, joins 'Closing Bell' to discuss the Fed's next move, recession likelihood and the bank lending....(read more)

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Avenue Capital CEO Marc Lasry recently spoke about the possibility of the US Federal Reserve cutting interest rates within the next six months due to increasing fears of an impending recession. In an interview with CNBC, Lasry explained that despite strong economic indicators, such as low unemployment and stable inflation rates, global events such as Brexit and ongoing trade tensions between the US and China are causing uncertainty and volatility in the markets. Lasry's comments come on the heels of a number of other high-profile figures predicting a potential economic downturn. Billionaire investor and hedge fund manager Ray Dalio recently warned that the US is "one or two years away from a downturn," while others, such as former Federal Reserve Chair Janet Yellen, have acknowledged that the chances of a recession have increased. So what would a rate cut by the Fed mean for the economy? Essentially, lower rates make it cheaper for businesses and individuals to borrow money, which can stimulate spending and investment. This increase in activity can in turn boost economic growth. However, rate cuts can also lead to inflation and weaken the value of the US dollar. The Fed last cut interest rates in 2008 during the global financial crisis, and has been steadily increasing rates since 2015. However, recent events and market volatility have caused many to speculate that the current period of economic growth may be coming to an end. While the timing and severity of a potential recession is still uncertain, it's clear that investors and experts alike are closely monitoring economic indicators and are bracing for a significant shift in the markets. As Lasry notes, "People are starting to realize that we're in an uncertain environment, and that it's going to be very tough to [predict] what happens." Whether or not the Fed ultimately decides to cut interest rates within the next six months, it's important for individuals and businesses to stay informed and prepared for potential economic changes in the near future. https://inflationprotection.org/marc-lasry-from-avenue-capital-predicts-a-rate-cut-from-the-fed-in-the-next-six-months-due-to-mounting-recession-concerns/?feed_id=105162&_unique_id=647ffedab19ac #Inflation #Retirement #GoldIRA #Wealth #Investing #breakingnews #businessnews #cable #cablenews #ClosingBell #CNBC #financenews #financestock #financialnews #money #moneytips #newschannel #newsstation #stockmarket #stockmarketnews #Stocks #usnews #worldnews #RecessionNews #breakingnews #businessnews #cable #cablenews #ClosingBell #CNBC #financenews #financestock #financialnews #money #moneytips #newschannel #newsstation #stockmarket #stockmarketnews #Stocks #usnews #worldnews