Fed likely to wait out the midterms before hiking before year-end: deVere CEO - FINCHANNEL

Fed likely to wait out the midterms before hiking before year-end: deVere CEO - FINCHANNEL

Fed likely to wait out the midterms before hiking before year-end: deVere CEO

Fed likely to wait out the midterms before hiking before year-end: deVere CEO

The Federal Reserve is likely to hold its nerve until Americans have voted in the midterms, but inflation running at a 7% annualised pace makes another rate rise before the end of the year increasingly probable, warns the CEO of deVere Group, one of the world’s largest independent financial advisory organisations. The comments from Nigel […]

Fed Likely to Wait Out the Midterms Before Hiking Before Year-End

deVere Group's Nigel Green expects the Fed to hold through the midterms, but says 7% annualised inflation makes a December rate hike increasingly likely.