Here's your summary from Fed Is Not Making a Mistake Being Patient, Ed Hyman Says (https://www.youtube.com/watch?v=Y35FeaWE9gU) on the Bloomberg Television channel:

**TLDR:** Ed Hyman believes the Fed is not making a mistake by being patient with rate cuts.

1. The Fed is being cautious and patient with rate cuts, as they have a plan in place once they start.

2. Ed Hyman feels that the Fed is not making a mistake by waiting and being patient at the moment.

3. The Fed is hesitant to start rate cuts because once they begin, they are committed to a program of rate cuts.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro