Markets can hold up just fine with no rate cuts, Key Advisors' Eddie Ghabour says скачать в хорошем качестве

Markets can hold up just fine with no rate cuts, Key Advisors' Eddie Ghabour says

Federal Reserve rate cut expectations have been pushed back by several major banks, tempering the market's hopes for a June interest rate reduction. Eddie Ghabour, Co-Founder and CEO of Key Advisors Wealth Management, joins Yahoo Finance to share his perspective on why he believes a Fed rate cut may not be the right move for markets at this time. Ghabour expects the Federal Reserve is more likely to implement a single rate cut by September, rather than the earlier June timeline that some investors had been anticipating. While he acknowledges that a rate cut "may be perceived as bullish initially," Ghabour argues that such a move right now would be "the biggest mistake" the central bank could make for the markets. Pointing to the bond market, Ghabour notes that it is signaling that inflation remains "a big problem." He contends that a Fed rate cut at the current stage would be inflationary and "counterintuitive to what they're trying to do," which is to bring rates down to the 2% target. Ghabour warns that a premature rate cut could spark a renewed acceleration in the economy, potentially defeating the central bank's efforts to curb inflation. "Doing nothing here for the rest of this year and going into next year gives us our best opportunity for success. Anything other than that, I think, is gonna be a big problem." Ghabour tells Yahoo Finance. #news #youtube #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Get the latest news and data at finance.yahoo.com Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) Follow Yahoo Finance on social: X:   / yahoofinance   Instagram: https://www.instagram.com/yahoofinanc... TikTok: https://www.tiktok.com/@yahoofinance?... Facebook:   / yahoofinance   LinkedIn:   / yahoo-finance