Is The Fed Scared Of Something They're Not Telling Us About? | Michael Lebowitz & Adam Taggart

Thoughtful Money with Adam Taggart · Dec 16, 2023 · 1h 27m

Lance Robert's portfolio co-manager Michael Lebowitz kindly steps in this week while Lance is away. Like many, he was caught off guard by the Federal Reserve's surprisingly dovish guidance this week. There's not an obvious reason why the Fed changed its stance on interest rate cuts so swiftly. Just two weeks ago, Jerome Powell was saying that his committee was not even talking about rate cuts yet. So what changed? Could the plans to cut rates more aggressively than previously guided be a sign the Fed is spooked by something Powell isn't telling us about? Like greater odds of a recession…