BFM 89.9
The Business Station
Don't Expect The Fed To Cut Rates This Year
11 mins
·
07:00, 7 Feb 2023
·
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Guest: Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management
The recent blockbuster U.S January payroll numbers shook market perceptions and quashed expectations that the Fed may be finished with rate hikes. This has caused the market to pullback from the January highs but this may be a buying opportunity for investors. For insights we speak to Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management.
Image credit: Shutterstock
Presenter: Wong Shou Ning, Shazana Mokhtar, Chong Tjen San
Producer: Michael Gong
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