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Benzinga
Benzinga
Business
Rishabh Mishra

Jim Cramer Predicts Fed Rate Cuts As Regional Banks Stumble: 'Credit Cavalry Is Right On Time'

Jim Cramer US Federal Reserve Jamie Dimon the Federal Reserve Dow Jones
New,York,City,-,October,5,2017:,The,Brooklyn,Bridge

CNBC’s Jim Cramer declared Thursday that a recent spike in bad bank loans is the signal the Federal Reserve needs to begin cutting interest rates, arguing that the “credit cavalry is right on time” to rescue the market.

Credit Issues With Banks To Motivate Fed’s Rate Cuts

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