Fed rate cut was 'much more dovish,' says KKM Financial's Kilburg
Youtube·2025-12-11 03:54

Let's talk more about that now with Jeff Kilberg. He's the founder and CEO of KKM Financial. What do you say, sir.Welcome. >> Well, Kelly, kind of a surprise. Everyone was looking for a cut in rates, but more hawkish, and we actually got more.If you think about that 40 billion that going to start purchasing in just a couple days, that's annualized half a trillion dollars of new QE. So, with a $6.5% trillion balance sheet, I think a lot of folks were surprised. That was the initial reaction, equities, but yo ...