Possibility of Two Rate Cuts: Portfolio Manager's View

Reported 7 months ago

Wellington Management Fixed Income Portfolio Manager Brij Khurana discusses the Federal Reserve's interest rate decisions, inflation trends, and potential impacts on the bond market. Khurana suggests that if data deteriorates and inflation decreases while the unemployment rate rises beyond the current levels, the Fed could implement two rate cuts instead of one. He highlights concerns such as the labor market's performance and the Fed's focus on inflation amid a challenging economic environment.

Source: YAHOO

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