A Fed Rate Hike Is Not Implausible
Tim Mulholland, President, TJM Limited, Chicago
03-May-24 07:00
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Although the Fed has signaled that a rate cut is pending, is a hike actually impossible if the economy doesn't cool fast enough. Tim Mulholland, President, TJM Limited, Chicago gives his perspective whilst weighing in on the results of the magnificent seven which have been mainly above expectations.
Image Credit: Shutterstock.com
Produced by: Tun Hizami Hashim
Presented by: Wong Shou Ning, Shazana Mokhtar, Philip See
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Categories: markets, economy, international
Tags: u.s. federal reserve, rate cut, magnificent seven,