Reported about 10 hours ago
José Torres, a senior economist at Interactive Brokers, emphasizes a 25% likelihood that the Federal Reserve may increase interest rates in 2025 due to rising inflation concerns. He critiques the Fed's recent decision to cut rates and warns that should inflation reach 3.5%, a rate hike could be necessary. Torres also highlights that inflation is currently trending upward, having recently bottomed at 2.4%.
Source: YAHOO