The Fed Insists on Higher Rates for Longer and Aims for Only One Cut In 2024

The Expert's Analysis

Date:

Autor: Beatriz Zúñiga

Despite the fact that the CPI published yesterday was better than expected (3.3%), the Fed seems to be taking a cautious stance when indicating the future policy path

U.S. macroeconomic data suggests that the Fed might cut rates in September

Julius Baer, DWS, BlackRock Investment Institute, abrdn, M&G, J. Safra Sarasin Sustainable AM, and Fidelity International share their views on yesterday's Fed meeting