Higher for longer: Sticky inflation pushes U.S. rate cut hopes further out
Economy / International / Trading Ideas / News / Big Picture
May 3, 2024
While the U.S. Federal Reserve wasn't expected to move on rates at its latest meeting, a string of disappointing inflation reports is raising questions about the potential timeline for rate cuts. Sam Chai, Vice President for Active Fixed Income Portfolio Management at TD Asset Management, looks at the monetary challenges facing policy makers....