Reported 3 days ago
Despite widespread concerns about a potential economic slowdown, Jay Hatfield, CEO and CIO of Infrastructure Capital Advisors, predicts a GDP growth of 1-2% this year. He argues that the Federal Reserve's tight monetary policy, rather than tariffs, poses the biggest threat to the economy. Hatfield believes that while job market growth is a positive sign, the Fed is likely to react late to inflation pressures, with potential rate cuts expected in the second half of the year.
Source: YAHOO