The Fed is most worried about a wage inflation spiral: U.S. rates strategist Ian Lyngen скачать в хорошем качестве

The Fed is most worried about a wage inflation spiral: U.S. rates strategist Ian Lyngen

Ian Lyngen, managing director and head of U.S. rates strategy at BMO Capital Markets, tells BNN Bloomberg that the U.S. Federal Reserve has faced confusing inflation data for much of 2024 and tomorrow’s CPI report and other data will determine if the central bank will have the ability to start normalizing interest rates soon. He says the longer the Fed stays at the terminal rate, the more pressure it will place on U.S. households. He expects the yield on the 10-year treasury to end 2024 at 4 per cent. Subscribe to BNN Bloomberg to watch more videos:    / bnnbloomberg   Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Facebook:   / bnnbloomberg   BNN Bloomberg on Twitter:   / bnnbloomberg   BNN Bloomberg on Instagram:   / bnnbloomberg   BNN Bloomberg on LinkedIn:   / bnn-bloomberg   -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.