★Not Expecting Fed's Powell to Cut Rates, Schroders Says (Video)
Strategic Analysis // Ian Gross
"When a major asset manager like Schroders signals the Fed won't cut rates, it tells investors to brace for interest rates staying higher for longer. This impacts everything from borrowing costs for businesses and consumers to the valuations of stocks and bonds, potentially cooling economic growth."
Human-Vetted Professional Intelligence
The Big Market Report Take
Schroders isn't holding its breath for a Powell rate cut, which isn't exactly a shocker given the current inflation picture. Seems like the market's still trying to decide if "higher for longer" is a promise or just a suggestion.
Related Guides
Not financial advice. The Big Market Report aggregates news for informational purposes only. Nothing on this site constitutes investment advice. Equities and other securities are subject to market risk. Always do your own research and consult a qualified financial advisor before making any investment decisions. Full disclaimer →
Never miss a story
More from this section
- Citi Sees BOK Raising Rate Toward 3% This Year on Inflation RiskBloomberg Markets1h ago
- South Africa Inflation Slowed in February Before War Impact FeltBloomberg Markets1h ago
- Technical Levels For Major FX Pairs Ahead Of The FOMCSeeking Alpha4h ago
- Monitoring Inflationary Impact of Middle East Conflict, Invesco SaysBloomberg Markets7h ago