Are We Close To Peak Fund Funds Rate?
Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management
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It is almost a given that the Fed will raise interest rates by 75bp this week. But will the rate of increases taper off from here, as there appears to be signs of inflation abating, money supply growth easing and unemployment inching up. However, the pace of increases may not taper off so soon for UK and Europe, as the inflation there is still high. For insights, we speak to Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management.
Image credit: Shutterstock
Produced by: Michael Gong
Presented by: Shazana Mokhtar, Wong Shou Ning, Chong Tjen San
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