Peter Orszag: The Federal Reserve should not have cut interest rates at the end of last year, and the dollar may depreciate

According to Jinshi News, Lazard CEO Peter Orszag stated at the "Wall Street Journal Invest Live" event that the Federal Reserve may not have should lowered interest rates at the end of last year.

He expects inflation to potentially rise unexpectedly this year and pointed out that artificial intelligence and high-income consumers could boost U.S. economic growth. He believes the Federal Reserve has fallen behind the curve, and lowering interest rates could lead to a depreciation of the dollar and steepen the yield curve.