MLIV Pulse: When Will the Fed Start Cutting Rates?

The video discusses the onset of a recession in advanced economies, starting with the UK and eurozone, and soon affecting the US. Inflation remains high, leading to stagflation reminiscent of the 1970s. The Federal Reserve's actions, including a potential pause or 'high hold' in interest rates, are analyzed. The video predicts a more normal interest rate environment in the future, with long-term rates possibly decreasing, but warns against overestimating this possibility.

What are the potential implications of higher Fed rates according to the speaker?

What does the speaker predict about interest rates in the future?