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Marathon's Richards on Fed Rate Cut and Private Credit
What was your thinking when you heard the reports. Exactly what you just said. I mean, you have to leave the Fed independent since the year 1939, 212 years ago.The Fed's always been independent and the markets will not like the lack of that. You you have to have a line in the sand. You can never cross that line.The Fed needs to be vigilant also with respect to inflation. If the Fed's not independent, who knows. Well, they'll bring rates down too, which could be inflationary.Bond market will not like that. A ...