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Podcast: Money Life with Chuck Jaffe
Episode: With rate cuts coming in September, what's next?
Description: Noah Wise, senior portfolio manager at Allspring Global Investments — in one of two interviews focused around Wednesday's Federal Reserve announcement that rate cuts are nearly certain to start next month — says that the economic data has been so strong that it has become "a no-brainer" to cut, which is the ideal situation for making a move in a politically charged environment with a presidential election in sight. He expects the Fed to keep cutting so long as the data keeps moving in the right directions, which positions the current trend to carry well into 2025 without anything worse than a soft...