Reported about 1 year ago
Bahnsen Group's CIO, David Bahnsen, shared that the Federal Reserve decided to maintain interest rates after the release of the CPI report. He believes the Fed will not cut rates in September due to the proximity to the election, instead opting to reduce rates later in the year. Bahnsen highlights market reactions and the Fed's likely monetary policy trajectory, anticipating a 50 basis points cut by year-end.
Source: YAHOO