News Formal

The Fed's 2% inflation target is an 'absolute trap': 40-year market vet

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The Fed pursuing 2% inflation is an 'absolute trap' for the economy, 40-year market veteran says

"If credit drops that much, we've got a real, huge economic problem on our hands. The market is telling you, in terms of forward yield curves, that they expect the Fed to make a mistake," Knapp said, pointing to bond market futures Some economists have argued that the Fed needs to press forward with rate hikes, given that inflation is still well-above the Fed's target, clocking in at 5% in March.

Inflation will drop to 3% by June, Knapp predicted, agreeing with other market commentators who say the Fed shouldInvestors are pricing in an 86% chance the Fed will hike rates another 25 basis-points at the end of the policy meeting on Wednesday, per the

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 729. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

U.S. stocks fall as investors turn attention to Fed decision, debt ceiling By Investing.com⚠️BREAKING: *U.S. STOCKS TUMBLE, VIX SPIKES AS WALL STREET BRACES FOR FED DECISION $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
ソース: Investingcom - 🏆 450. / 53 続きを読む »