Federal Reserve's Bold Move: 50 Basis Point Cut Explained!

The Federal Reserve’s recent 50 basis point interest rate cut has sparked debate about the U.S. economy’s future. Goldman Sachs CFO Denis Coleman believes this move could help secure a 'soft landing,' lowering inflation without causing a recession. While inflation is easing and unemployment is stable, some analysts remain skeptical. JPMorgan CEO Jamie Dimon, for example, is taking a more cautious stance, warning that the road ahead might not be as smooth as markets predict.