KKR's McVey Says Fed Needs to Cut Rates, Signal End of QT

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Henry McVey, KKR's CIO, believes the US Federal Reserve needs to cut interest rates and signal the end of quantitative tightening (QT) to support the economy.

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"The absolute level of rates in the US is too high for the economy right now," Henry McVey, KKR Balance Sheet CIO and head of global macro and asset allocation, says on "Bloomberg Open Interest." (Source: Bloomberg)

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Original article published by Bloomberg on October 29, 2025.
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