Money market traders still expect the Fed to raise rates by 25 basis points on July 26, but they have reduced the chances of another this year .
"We're probably closer to the end of the cycle," he said, although he added that above-target inflation is still expected to persist in the longer term. Another factor cited by UBP's Villamin for the equity market rally has been a swell of liquidity from the Federal Reserve system.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: ReutersAfrica - 🏆 31. / 53 Weiterlesen »