On March 17, according to Golden Ten data, Bastian Freitag, head of the German fixed income department of Rothschild Wealth Management, said that the Federal Reserve is expected to stick to its position this week, and the earliest time window for the next interest rate cut is in June.
Inflation continues to stall above the Fed's 2% target and that this sideways trend is likely to continue, Freitag said in a note. The punitive tariffs that the U.S. government has already imposed and those that will remain in place are likely to continue to drive up prices.
"At the same time, we have observed a
View OriginalInflation continues to stall above the Fed's 2% target and that this sideways trend is likely to continue, Freitag said in a note. The punitive tariffs that the U.S. government has already imposed and those that will remain in place are likely to continue to drive up prices.
"At the same time, we have observed a