With June’s CPI and PPI prints pointing to signs of cooling inflation, how much further will the Fed have to hike interest rates? Waddell & Associates CEO and Chief Investment Strategist David Waddell tells Yahoo Finance Live the forecast for future Fed rate hikes while recession risks soften, writing in his note that it’s the “Fed’s choice” on whether a recession happens or not.
Yahoo! Finance
- July 13, 2023
- • David S. Waddell
Fed will need to ‘save face’ in rate hikes as inflation cools: Strategist
Fed will need to ‘save face’ in rate hikes as inflation cools: Strategist
