Wall Street’s top economist Ed Hyman says a third Fed rate cut is the market’s ‘secret sauce’

Wall Street’s top economist Ed Hyman says a third Fed rate cut is the market’s ‘secret sauce’

Edward ‘Ed’ Hyman, chairman of Evercore Partners Inc.
Christopher Goodney | Bloomberg | Getty Images

To Evercore ISI Chairman Ed Hyman, the so-called Fed put is alive and well.
Hyman, who has been ranked the top economist in Institutional Investor’s annual poll for more than three decades, believes the Federal Reserve will deliver a interest-rate cut this week, giving the economy a needed jolt.
“T…

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