Gary Cohn | Vice Chairman of IBM | Former Director of the National Economic Council

As Wall Street debates when the Federal Reserve will announce its first rate cut, IBM Vice Chair Gary Cohn told Yahoo Finance investors ‘misread’ the Fed’s policy outlook.

“The Fed is continually fighting inflation because their risk right now is backing off too early,” Cohn explained. “I don’t think the Fed is completely done fighting inflation… they’ve left themselves optionality to stay the course longer if needed.”

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