Higher rates outlook causes ripple effects. In September, the FOMC left policy rates unchanged at current range of 5.25-5.50%. The dot plot now shows that the committee currently expects to hike once more before the end of the year and only cut 50bps in 2024….READ MORE
Higher for longer? Analyst interest rate forecasts continue to extend. Inflation has come down and the US economy continues to grow. Chairman Powell used the Jackson Hole symposium to reaffirm the Fed’s 2% inflation target and suggested that rates may need to be held near…READ MORE
There’s been lots of talk of a recession, but when will it happen? Growth expectations are being revised higher and recession start dates are being pushed back or indefinitely postponed. – Bob Doll, Crossmark Global Investments Markets may be pricing in the best of both…READ MORE
Interest rate hikes paused in June, but will they resume later this year? Vanguard believes that the Fed has more work to do to bring inflation to acceptable levels and keep it there. With each month of labor market resilience, we see increasing risks that…READ MORE
Interest rates, inflation and earnings; which will drive the market? And in what direction? The Fed is likely to pause at the June FOMC meeting. While further rate increases are possible later this year, we only see them occurring if core inflation starts to inflect…READ MORE
