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A recession is an 'increasing worry' for Invesco, despite what the Fed is saying

Summary by Ground News

Invesco's chief fixed-income strategist says interest-rate hikes are making a recession more of a threat. "We are increasingly worried about a recessionary environment," Rob Waldner says. Waldner's comments come despite what Fed officials said earlier in the day about their forecast for a soft landing.

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A recession is an 'increasing worry' for Invesco, despite what the Fed is saying

The Federal Reserve's rate hikes are kicking in by slowing growth and cooling inflation, making a recession a bigger source of a worry, says Invesco.

2 years ago·United States

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MarketWatch broke the news in United States 2 years ago on Wednesday, September 20, 2023.

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