Fed Will Cut by 100 Basis Points Next Year, Says UniCredit’s Nielsen

The transcript discusses the likelihood of a US recession in the coming year, driven by declining domestic demand and fiscal stimulus effects. It highlights the Federal Reserve's potential aggressive rate cuts in response to economic cycles and job market trends. The discussion also covers the longest US economic expansion, pressures on labor costs, and the impact of corporate earnings on recession probability. The Fed's proactive stance and communication strategy are emphasized as crucial in managing the economic slowdown.

What is the expected timeline for the potential recession according to the discussion?

What role does the Federal Reserve play in the context of the anticipated recession?