As inflation, GDP, and jobs growth wane, the Fed should cut 50 bps

by Scott Martindale President & CEO, Sabrient Systems LLC Falling inflation, weak manufacturing activity, cautious consumer sentiment, and sluggish GDP and jobs growth have conspired to elicit a dovish tone from the Federal Reserve and the likely start of a rate cut cycle to avert recession and more jobs losses. I continue to pound the table that the Fed is behind the curve and…