Fortune on Nostr: Fundstrat’s Tom Lee says Jerome Powell is too dependent on data and it’s hurting ...

Fundstrat’s Tom Lee says Jerome Powell is too dependent on data and it’s hurting the Fed’s decision-making abilities



The Fed’s reliance on data has made it too slow in deciding whether to cut rates, which could mess up the soft landing, says Fundstrat managing partner Tom Lee.

https://fortune.com/2024/08/22/federal-reserve-interest-rates-jerome-powell-tom-lee-inflation-soft-landing-economy/