Potential Fed Chair David Zervos supports large rate cuts
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最新报道：According to CNBC, David Zervos, chief market strategist at Jefferies and potential Federal Reserve chairman, said that Federal Reserve officials should not be frightened by the higher-than-expected potential inflationary pressures shown by the July producer price index. On the contrary, he advocated that the Federal Reserve should actively take easing measures now to prevent the labor market from slowing down, which would actually help create more than 1 million jobs. In the past three Federal Reserve meetings, Zervos has advocated a 0.5 percentage point cut in the federal funds rate, and he reiterated this position in an interview. "I absolutely still hold the same view. I think there is a reasonable and very convincing storyline that shows that monetary policy is restrictive. Overall, I don't see any reason to change that view."
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