Wall Street's most accurate analyst, Ed Yardeni, president of Yardeni Research: The Federal Reserve has reached a neutral interest rate and does not need to cut rates further; the U.S. will not experience a full-blown economic recession

On December 20th, at the "Alpha Summit" co-hosted by Wall Street Watch and the China Europe International Business School, Ed Yardeni, president of Yardeni Research, stated that the United States will experience what is known as a rolling recession, but there will not be a comprehensive economic recession, as the potential sources of economic recession have passed. He noted that if the Federal Reserve insists on cutting interest rates, it may only increase the likelihood of inflation, leading to a resurgence in some inflation. Yardeni pointed out that by observing the economy, it can be seen that with interest rates between 4.75% and 5%, the economy performs well, maintaining growth while the unemployment rate is around 4% and inflation has decreased to 2%. Therefore, in his view, the United States may have reached what is known as the neutral interest rate