Kevin Mahn from Hennion & Walsh predicts that The Fed will reduce rates in early 2022 if a recession occurs.
Kevin Mahn, Hennion & Walsh Asset Management president and CIO, joins 'Squawk Box' to discuss recent market trends, with the longest bear market in decades coming to a close, future market outlook, and more.... ( read more )
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The Federal Reserve, often referred to as "the Fed," is the central banking system of the United States. One of its primary roles is to oversee the country's monetary policy, which includes setting interest rates to manage inflation and support economic growth. Recently, there have been speculations about the possibility of the Fed cutting rates in the near future if the country were to enter into a recession. According to Kevin Mahn, the Chief Investment Officer at Hennion & Walsh, the Fed might cut rates as early as next year if a recession becomes a rea