Yahoo Finance Live sits down with Annex Wealth Management Chief Economist and Strategist, Brian Jacobsen, to discuss the probability of another rate hike. Jacobsen says the Fed’s decision to “proceed carefully” with rate hikes going forward is wise following what he described as them previously “proceeding recklessly.” However, he notes that yields reaching around 4.5% does risk additional hikes.
Jacobsen explains that typically the level of yields itself is not problematic, but rather the speed at which rates change. He states that more stability in interest rates “aids business owners and consumers in long-term planning” by giving them time to adapt to the shifting economic landscape. However, the uncertainty surrounding fluctuating yields will likely result in investors and consumers proceeding very cautiously when it comes to “spending plans and investments”, overall affecting broader economic conditions.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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The Feds have been weak, and the audacity of investors deserve nothing less than a reckoning! We have an unaffordable housing market, an unsustainable deflect, and a market addicted to the printing of liquidity
The bots are strong in this comments section.
Is always about investors. People are not even considered in their mind.