The Fed is too restrictive; rates have to come down – Hayman Capital’s Kyle Bass

21 hours ago 1

U.S. Economy

Federal Reserve System Fed of USA chairman press conference concept. Tribune with symbol and flag of FRS and United States.

Hayman Capital Management founder and CIO Kyle Bass expects the Federal Reserve to implement more interest rate cuts than currently projected, citing weakening consumer consumption and overly restrictive monetary policy.

In an interview with CNBC, Bass pointed to concerning economic indicators

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The Fed is too restrictive; rates have to come down – Hayman Capital’s Kyle Bass

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