Federal Reserve’s 2024 Rate Cut Shocks Economists!

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In a surprising turn, the Federal Reserve slashed interest rates by 50 basis points, marking the first cut in four years. This drastic move signals potential trouble ahead for the global economy. In this video, we discuss:

1. Why 105 out of 114 economists were wrong about the rate cut.
2. The implications of this decision on inflation, employment, and the stock market.
3. Could we be facing a 'crash and burn' scenario by 2025?

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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only.