BFM 89.9
The Business Station
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Guest: Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management
After stronger than expected CPI and PPI numbers, the Fed seems to be struggling to contain inflationary pressures. We ask Joe Quinlan, Chief Market Strategist at US Trust-BOA Private Wealth Management what does this mean for the terminal rate and why does the Fed still keep to it's 2% inflation target.
Image credit: Shutterstock
Presenter: Wong Shou Ning, Chong Tjen San, Shazana Mokhtar
Producer: Michael Gong
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