The Fed is likely to 'pivot' in three stages, says Nomi Prins

CNBC, Released on 9/13/22

Nomi Prins, author of "Permanent Distortion," says she expects the U.S. Federal Reserve to "reduce the rate hike acceleration to 50 basis points, then to neutralize it."

Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her books All the Presidents' Bankers: The Hidden Alliances that Drive American Power and Collusion: How Central Bankers Rigged the World.

Fed, inflation, interest rates

The Fed is likely to 'pivot' in three stages, says Nomi Prins added by Herman James on 09/12/2022View all posts by Herman James ?+'