US Bank Chiefs Divided Over Fed's Rate Cuts And Economic Outlook Amid Economic Uncertainty
===============	
#d85b6eb2 ver:1.0

US bank chiefs divided over Fed's rate cuts and economic outlook amid economic uncertainty. Unemployment is becoming a credible risk, urging the Fed to cut rates to prevent a recession. However, cutting rates prematurely could boost inflation, while waiting too long could lead to a recession. The US economy has experienced a slowdown in job growth and economic activity. Executives from top banks highlight concerns about consumer health and the challenge for the Fed to find the best timing for rate changes. JPMorgan Chase CEO warns of potential tail risks, while Wells Fargo CEO notes slowing economy due to high inflation and interest rates. Citigroup CEO sees signs of a softening labor market and tighter consumer budgets. Vigilance and flexibility are crucial amid economic uncertainty. #Fed #RateCuts #EconomicOutlook #Inflation #Unemployment #Recession...

#newstr #UsEconomy #Inflation #InterestRates #JpmorganChase #EconomicOutlook 

 https://here.news/story/d85b6eb2?ver=1.0