"Rate Cuts May Freeze Growth as Retirees and Businesses Hesitate"
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最新报道：Trump's call for Fed rate cuts sparks debate on monetary policy's effectiveness amid economic slowdown. JPMorgan strategist David Kelly questions the strategy, noting historical ineffectiveness in spurring growth and potential harm to retirees reliant on fixed income. Despite a 100% market expectation of a September rate cut, Kelly warns of delayed economic responses and policy uncertainty freezing business activity. He urges clarity over stimulus, highlighting trade-offs between broad growth and demographic welfare.
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