Fed Rate Hike Expected in 2025, Says Portfolio Manager

Reported 1 day ago

Max Wasserman, co-founder of Miramar Capital, highlights that a Federal Reserve rate hike in 2025 is 'very realistic' due to the strength of the economy. Despite recent rate cuts, he warns that the aggressive cutting may have been unwarranted. He stresses that the first quarter of 2025 will be crucial in shaping the Fed's strategy, influenced by economic indicators and new policies. Investors are advised to adopt cautious strategies, favoring dividend stocks and short-term bonds.

Source: YAHOO

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