Christopher Whalen explains why it would be best for rates to stay put

Christopher Whalen explains why it would be best for rates to stay put
FILE PHOTO: Federal Reserve Chair Jerome Powell heads into the opening dinner at the Kansas City Fed?s annual economic symposium in Jackson Hole, Wyoming on August 22, 2024. REUTERS/Ann Saphir/File Photo

Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, explains why it would be best for Powell to stay put than give “the crowd” a quarter point interest rate cut 

Chris is also editor for The Institutional Risk Analyst theinstitutionalriskanalyst.com

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