Rate Cuts Won't Save Us: JPMorgan's Economist Explains

Forget the Fed? JPMorgan strategist David Kelly says rate cuts won't jumpstart the economy like you think. Uncertainty over tariffs and immigration, not interest rates, is the real drag. Plus, lower rates hurt retirees' income and might make people wait even longer to borrow, stalling growth. Is clarity from Washington the real key to recovery? Hosted on Acast. See acast.com/privacy for more information.