"Economists Warn of Risks as Fed's Harsh Policy Sparks Calls for Rate Cut"

The National Association of Business Economics (NABE) Policy Survey reveals increasing concerns among economists about the divide between fiscal and monetary policy in the U.S., with 57% believing current fiscal policy is "too stimulative." The national debt has surpassed $34 trillion, and the Congressional Budget Office predicts it will soon exceed the size of the U.S. economy. While the majority of NABE economists feel that monetary policy is "about right," there is a rising concern about it being "too restrictive." Geopolitical risks, such as the Middle East conflict, a stagnant Chinese economy, and U.S. election instability, are also causing worry.