Howard Marks, co-founder of Oaktree Capital Management LP and a renowned investor, stated that there is no need to further lower current interest rates.
In an interview with Bloomberg Surveillance, Marks shared his views on Fed policies. He stated that he generally advocates for free markets, adding that Fed interventions are a way to control the price of money.
Explaining his views on the role of the Fed, Marks argued that interventions should be limited:
Howard Marks stated that current economic conditions do not point to either of these two extremes, adding, “I don’t think that’s the case right now.”
Marks added that while interest rates may appear high compared to the last 15 years, they are historically low.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/will-the-fed-cut-interest-rates-further-an-expert-responds/
