Reported 10 days ago
Blake Gwinn from RBC Capital Markets shares insights on the Federal Reserve's potential rate cuts, predicting a terminal rate of 4% to 4.25%, which is higher than market expectations. He highlights that the economy is in a strong position with healthy consumer and corporate balance sheets, and anticipates increased economic activity following the elections, which could influence inflation pressures. Gwinn suggests that while current inflation data looks good, there's potential for volatility in the coming months.
Source: YAHOO