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Will the US need interest rate cuts at all? | The Week in Markets
Today, Kevin Kidney, Head of Asset Allocation and Matt Henderson, Portfolio manager, review the data from a week which provided record highs in global equities as well as UK employment. US inflation isn’t dropping to the Federal Reserve’s target, however the underlying factors are constructive with strong service sector data and robust employment in major economies. Will rate cuts be needed at all in the US?
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By True PotentialToday, Kevin Kidney, Head of Asset Allocation and Matt Henderson, Portfolio manager, review the data from a week which provided record highs in global equities as well as UK employment. US inflation isn’t dropping to the Federal Reserve’s target, however the underlying factors are constructive with strong service sector data and robust employment in major economies. Will rate cuts be needed at all in the US?