Wednesday, July 03, 2024
Northwestern Mutual - Inflation Reading Marks a Step in the Right Direction, but the Fed Likely Needs More
JULY 1, 2024 EXPERT INSIGHTS ON THE CHANGING MARKET Inflation Reading Marks a Step in the Right Direction, but the Fed Likely Needs More The latest inflation data offered encouraging news for the Fed but may not be enough to convince the Fed to meaningfully cut rates in the near term. Chief Investment Officer Brent Schutte looks at why the Fed is likely to take a wait-and-see approach and what that means for the economy. Read more Week ended...06/21/2406/28/24One Week ChangeYTDOne