Ryan Payne 'surprised' Fed cut rate as much as they did | Fox Business Video

In a recent appearance on 'Varney & Co.', Ryan Payne, President of Payne Capital Management, expressed surprise at the Federal Reserve's decision to cut rates significantly. He argues that this move by the Fed is akin to 'adding gasoline to the fire', suggesting that the reduction could exacerbate existing economic issues rather than stabilize them. This perspective raises concerns about potential inflationary pressures and the overall direction of the economy.