By most accounts, the Fed will hold steady after raising the federal funds rate by a quarter point to 5.25% at the beginning of May. A Reuters poll found that 102 of 116 economists thought the Fed was done raising rates this year, and 30 believed they would lower it.
With inflation down from its high of over 9% last year to 4.9% in April of this year, it mig ... Show More
<p>The U.S. Federal Reserve recently enacted its first interest rate hike in two years, but there is still more work to be done to counteract rising inflation and markets are watching closely.</p><p><br></p><p>-----Transcript-----</p><p><br></p><p>Welcome to Thoughts on the Marke ... Show More
<p>With the Federal Reserve poised to make its long-awaited rate cut this week, our CIO and Chief US Equity Strategist tells us why investors have pivoted their concerns from high inflation to slowing growth. </p><p><br></p><p>----- Transcript -----</p><p><br></p><p>Welcome ... Show More