Reported 7 months ago
Oppenheimer's chief investment strategist John Stoltzfus discusses the Federal Reserve's decision to hold interest rates steady amid cooling inflation, predicting a potential cut coming in 2025 not due to recession fears but as a gesture for the economy. Stoltzfus emphasizes the Fed's increased transparency and encourages markets to trust the Fed more this cycle, noting that the Fed appears to be supportive. More expert insights and market updates are available in the full episode of Morning Brief.
Source: YAHOO