Inflation Data Points to Rate Hike: JPMorgan's Rasid
JPMorgan Global Market Strategist Raisah Rasid states that current economic data and rising Treasury yields suggest a forthcoming Federal Reserve interest rate hike. She advises investors to prioritize the central bank's long-term inflation outlook and the projected rate trajectory over the next 12 to 18 months.
JPMorgan Global Market Strategist Raisah Rasid tells Paul Allen that incoming economic data and rising Treasury yields point to a Fed rate hike. She urges investors to focus on the 12- to 18-month rate trajectory and the central bank's long-term inflation outlook. (Source: Bloomberg)
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