The Federal Reserve's policy mistakes may cause the United States to lose its economic exceptionalism!

JIN10
2024.08.05 09:20
portai
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The Federal Reserve's policy mistakes could lead to the United States losing its economic exceptionalism. Market concerns about growth fears and the Fed's lagging rate cuts are escalating. While some economists believe that a recession will not come immediately and expect the U.S. economy to pick up speed again, Allianz's chief economic advisor Adrian is worried that the exceptional status of the U.S. economy may be lost due to policy mistakes. In recent years, the U.S. economy has shown strong growth and financial market performance, attracting investors' funds. However, the underestimated lagging effects of the Fed's rate hikes on the economy