Fed hits pause on fee cuts

0
8
Fed hits pause on rate cuts

“With the financial exercise anticipated to stay strong and proceed to put up a 2%+ development fee, the case for additional financial loosening within the coming months is more and more much less compelling,” Hepp mentioned.

“However, there are sectors of the economic system, such because the housing market and pockets of the earnings spectrum, which might be challenged by excessive charges and general excessive costs.”