BFM 89.9
The Business Station
After A Strong January, Is More Pain Coming?
12 mins·07:00, 28 Feb 2023
After A Strong January, Is More Pain Coming?
12 mins
·
07:00, 28 Feb 2023
·
Recommended
Guest: Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management
In a span of a month the terminal fed funds rate have moved up 50bps to 5.4% and may even move up further. This is dependent on future inflation data where the recent PCE was higher than expected. How will this impact asset allocation for investors? For answers we speak to Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management.
Image credit: Shutterstock
Presenter: Wong Shou Ning, Chong Tjen San, Shazana Mokhtar
Producer: Michael Gong
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