The Fed will spark an economic crash by delaying rate cuts, State Street equity research chief says

• The Fed pushing out its timeline for rate cuts could spark an economic crash, State Street's Marija Veitmane said. 
• Tight monetary policy could lead the US into a "no landing" scenario before a downturn, she warned.
• But the Fed doesn't look poised to cut interest rates soon as it keeps an eye on inflation.

The economy is bound to enter a downturn if the Federal Reserve delays cutting interest rates, according to Marija Veitmane, the head of equity research at State Street Global Markets.