David Lin: Is this the Last Rate Cut?

The recent policy actions from the Federal Reserve and the Bank of Canada have left many wondering about the future of the U.S. and Canadian economies. To understand the potential impact of these decisions and what’s next for the economies, we turn to renowned economist Steve Hanke, Professor of Applied Economics at Johns Hopkins University. Hanke has been closely following the Federal Reserve’s recent rate cuts, and he believes that the central bank’s actions may not be enough to stimulate the economy. In fact, Hanke suggests that this could be the last rate cut from the Federal Reserve. According to…