News Formal

Market veteran Howard Marks says Fed is ‘not going back' to ultra-low rates

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

That means credit can provide a “very solid foundation” to an investment portfolio, the Oaktree Capital Management co-founder told CNBC.

When the Federal Reserve starts cutting interest rates, it will not restore them to their post-financial crisis lows, according to veteran investor Howard Marks.

"The U.S. economy is doing quite well, and so it's not clear that it requires stimulus," Marks told CNBC's Frank Holland on Tuesday. The Fed pulled rates to near-zero through 2007 and 2008, before taking them slightly higher between January 2016 until the Covid-19 pandemic. Between 2009 and 2021 the federal funds rate averaged 0.5%, Marks said."My thesis is, we're not going back there to rates of zero, or a half, or one. I think that that is unnecessary stimulus, and I don't think permanent stimulus is a good thing," he said.

The impact of such ultra-low rates includes over-stimulating the economy and fueling inflation; making risky assets more attractive than they should be, with insufficient compensation for the increased risk; and causing too much fluctuation in the availability of capital, Marks said in January.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 545. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Market veteran Howard Marks says Fed is ‘not going back' to ultra-low ratesThat means credit can provide a “very solid foundation” to an investment portfolio, the Oaktree Capital Management co-founder told CNBC.
출처: NBCLA - 🏆 319. / 59 더 많은 것을 읽으십시오 »

Market veteran Howard Marks says Fed is 'not going back' to ultra-low ratesThat means credit can provide a 'very solid foundation' to an investment portfolio, the Oaktree Capital Management co-founder told CNBC.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Market veteran Howard Marks says Fed is ‘not going back' to ultra-low ratesThat means credit can provide a “very solid foundation” to an investment portfolio, the Oaktree Capital Management co-founder told CNBC.
출처: NBCNewYork - 🏆 270. / 63 더 많은 것을 읽으십시오 »

Market 'underappreciates' that the Fed will cut rates for one reason or anotherMarket 'underappreciates' that the Fed will cut rates for one reason or another - Citi
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »