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Sumerlin Supports 50 Point Fed Rate Cut
Posted
August 15, 2025
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3,834
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August 15, 2025
3,834
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7:15Now PlayingThe Fed funds rate is “too high” and a 50 basis point cut would work due to the inversion of the curve, economist Marc Sumerlin said on "Bloomberg Surveillance" Friday morning. Sumerlin, a former Bush administration official and founder of Evenflow Macro, is reportedly being considered as a replacement for Federal Reserve Chair Jerome Powell.
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