"Wall Street's Revised Expectations: Fed Rate-Cut Hopes Off Track"
Originally Published 1 year ago — by Financial Times
Bob Prince, co-chief investment officer at Bridgewater Associates, has expressed skepticism about the hopes for further rate cuts by the Federal Reserve, stating that the market's expectations are "off track." Prince believes that the Fed's current policy stance is appropriate and that the central bank should focus on maintaining a balance between supporting economic growth and controlling inflation.