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Fed Officials Dial Back Rate Forecasts, Signal Just One '24 Cut | Bloomberg Businessweek
Posted
June 12, 2024
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June 12, 2024
60
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Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Sylvia Jablonski, CEO at Defiance ETFs, discuss Federal Reserve officials penciling in just one interest-rate cut this year and forecasting more cuts for 2025, reinforcing policymakers’ calls to keep borrowing costs high for longer to suppress inflation. Alexandra Browne, Chief Development Officer at Lido Advisors, talks bout handling the rate environment and navigating portfolios. Bloomberg Intelligence Senior Semiconductor Analyst Kunjan Sobhani shares his thoughts on Broadcom earnings and outlook.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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