Latest news with #EvenflowMacro
Bloomberg
13 hours ago
- Business
- Bloomberg
Sumerlin Supports 50 Point Fed Rate Cut
The Fed funds rate is 'too high' and a 50 basis point cut would work due to the inversion of the curve, economist Marc Sumerlin said on "Bloomberg Surveillance" Friday morning. Sumerlin, a former Bush administration official and founder of Evenflow Macro, is reportedly being considered as a replacement for Federal Reserve Chair Jerome Powell. (Source: Bloomberg)
Bloomberg
13 hours ago
- Business
- Bloomberg
Sumerlin Says Fed Would Need to Stop Cuts If 10-Year Yields Rose
Economist Marc Sumerlin, viewed as a candidate to chair the Federal Reserve, said policymakers should slash interest rates next month, but cautioned that they would have to stop if longer-term Treasury yields rose. 'The weakest part of the market, or the economy right now is housing, and so you can't have the long end go up,' Sumerlin, an economist who runs the consulting firm Evenflow Macro, said in a television interview on Bloomberg Surveillance. 'That's your constraint right now.'
CNBC
2 days ago
- Business
- CNBC
We can easily do a 50 bps 'make-up cut' without disrupting anything: Evenflow Macro's Marc Sumerlin
Marc Sumerlin, Evenflow Macro managing partner and former NEC deputy director, joins 'Squawk Box' to discuss the Fed's inflation fight, state of the economy, impact of tariffs, his thoughts on being a possible candidate for the next Fed Chair, and more.
