Fed's Rate Cut Blunder: Will It Rescue the Economy?

Is the Fed making the same mistake again? Allianz's Mohamed El-Erian slams the Federal Reserve for being behind the curve as the job market falters, following a dismal August jobs report. With Trump also attacking the Fed and tariffs adding to the economic strain, will an expected rate cut be enough, or is the economy headed for a sharp decline? Experts warn that the Fed's missteps, combined with policy uncertainty, could trigger a recession. Hosted on Acast. See acast.com/privacy for more information.