Reported about 8 hours ago
The Federal Reserve has recently lowered interest rates but may not need to make significant cuts moving forward, according to Steve Sosnick, chief strategist at Interactive Brokers. He suggests that while there has been disinflation, inflation rates are hovering near the target, and potential concerns such as tariffs and immigration policies could keep inflationary pressures in play. Thus, the necessity for aggressive rate cuts remains unclear.
Source: YAHOO