Sticky Inflation Complicates the US Fed's Rate Path

Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management

26-Mar-24 07:00

Sticky Inflation Complicates the US Fed's Rate Path

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The US Fed’s preferred gauge of underlying inflation, the PCE Indicator, is due to be released this week. How might the latest data affect the projections for interest rate cuts in the coming months? We discuss this and other market trends with Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management.

Produced by: Mike Gong

Presented by: Shazana Mokhtar, Keith Kam

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Categories: markets, technology, economy

Tags: economy, federal reserve,

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