Apollo's Rowan: Fed Cuts 'Unnecessary', Inflationary Forces at Play
Update: 2025-12-11
Description
Marc Rowan, co-founder of Apollo Global Management, disagrees with the Federal Reserves decision to cut interest rates, citing long-term market forces as inflationary. Despite six Fed members preferring no rate cut, Apollos Q3 results show a robust US economy, with earnings surpassing expectations and shares rising by 14% in the past month.
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