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
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.
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CEO, Chief Investment Strategist